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-0.000261028452101227 -0.00052205690420264 -0.00052205690420264 -0.00261028452101283 0.000522056904202454 0.000783085356303867 0.000783085356303867 0.000783085356303867
Stock impact report

Why Mattel Stock Was Surging This Week [Yahoo! Finance]

Mattel, Inc. (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Company Research Source: Yahoo! Finance
According to Reuters, Mattel was approached by a private equity firm. The stock surged on that news on Monday, then pulled back on Tuesday as enthusiasm cooled off before jumping again on Wednesday after it reported better-than-expected second-quarter profits on Tuesday night. According to data from S&P Global Market Intelligence , the stock was trading up 17.9% for the week. Could Mattel go private? The news that L Catterton, the private equity arm of LVMH , could be interested in buying Mattel was certainly a surprise as Mattel has been struggling for years, though the Barbie movie gave the company a much-needed jolt. Reuters said L Catterton approached Mattel with an acquisition offer, though Yahoo contradicted that report, and Mattel would not comment on any talks, saying it was confident in its stand-alone strategy. Reuters also speculated that interest from L Catterton could lead to a bidding war with Hasbro possibly joining in. Later in the week, Mattel reported secon Show less Read more
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