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bar1080

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bar1080

Re: bar1080 post# 168

Monday, 01/15/2018 10:55:29 AM

Monday, January 15, 2018 10:55:29 AM

Post# of 277
"Why Mattel, Inc. Stock Lost 44.2% in 2017"

"Mattel, Inc. (NASDAQ: MAT) stock lost 44.2% of its value in 2017, according to data provided by S&P Global Market Intelligence. A string of disappointing earnings results, soft performance for some of the company's key brands, and unfavorable shifts in the retail environment deflated the toy maker's valuation and cast a shadow over its outlook."

"The company then reported third-quarter results in October, with sales down 13% year over year. Management also announced that it would be suspending its dividend, and the package of bad news resulted in another steep sell-off. "

https://finance.yahoo.com/news/why-mattel-inc-stock-lost-203900027.html

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