Mattel
Barbie’s Cold Winter: Mattel Shares Crater 30% Following Disastrous Holiday Quarter
The toy industry was sent into a tailspin this week as Mattel (NASDAQ: MAT) saw its market capitalization evaporate by nearly a third in a single trading session. The legendary toymaker reported a staggering 30% drop in share price following a fourth-quarter earnings report that missed Wall Street expectations on