Mattel
Mattel Shares Plummet 24% as Holiday Sales Slump and Dim FY2026 Guidance Shake Investor Confidence
EL SEGUNDO, CA — Shares of toy powerhouse Mattel, Inc. (NASDAQ: MAT) experienced a devastating sell-off on February 12, 2026, plummeting 24% in a single trading session. The move comes on the heels of a disastrous fourth-quarter earnings report and a fiscal year 2026 outlook that left Wall Street questioning the