Mattel's Wild Ride: Upbeat Forecast Calms Investor Nerves
Update: 2025-10-23
Description
Mattel's stock price jumped almost five percent after executives predicted a strong holiday sales quarter, overshadowing disappointing summer sales figures. Despite earlier concerns about trade tensions and fluctuating sales, investors are optimistic about Mattel's full-year outlook, with the company maintaining its growth forecast. While the stock remains volatile, long-term investors see potential in Mattel's steady performance amidst broader economic uncertainties.
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