Why Mattel Stock Was Surging This Week
Shares of Mattel (NASDAQ: MAT), the toymaker known for brands like Barbie and Hot Wheels, were flying higher this week after the company received a buyout offer. According to Reuters, Mattel was approached by a private equity firm.
The stock surged on that news on Monday, then pulled back on Tuesday as enthusiasm cooled off before jumping again on Wednesday after it reported better-than-expected second-quarter profits on Tuesday night.
According to data from S&P Global Market Intelligence, the stock was trading up 17.9% for the week.
Source Fool.com
Mattel Inc. Aktie
12,88 €
-0,90 %
Die Mattel Inc. Aktie steht gut da mit mehreren Buy- und keiner Sell-Einschätzung.
Ein prognostiziertes Kursziel von 16 € für Mattel Inc. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 12.88 €.
