Mattel's stock price dropped -5.25% today and closed at $12.08. That is the lowest daily price close since the 2009 financial crisis and significantly below its previous range. Translation, the market just announced Mattel is very, very sick and now unlikely to recover. Expect the price to move much lower in the coming months.
8 replies (most recent on top)
I’ll take Isaac or Brian G. Anyone but the clowns we have drilling the company into the ground.
But what about the soon-to-be Ken and Ryan wedding giftset? Surely THAT will save us all!
The board should seriously just sell to Isaac - say what you want, MGA is on fire this year!!! Imagine Mattel brands freed from our constipated infastructure (Sh!t parfait)
It's over. The patient is bleeding out on the table. The surgeons are incompetent, no amount of CPR can help this corpse. Tag it, bag it and resign the catastrophic mismanagement of Mattel to a business school case study alongside Blockbuster, Toys R Us and Kodak ...
Dropped another 2.4% and closed at $11.79 on Friday. I'm sure Hasbro & MGA are thinking again...
Amazon adding toys to its list of private label items is bad news for all the toy companies.
That's not good! Hope the Barbie movie will save the day!
Sad
This Q4 results are not going to be pretty, no matter how big of an asterisk we put next to the numbers regarding *TRU Closing