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Why Mattel Stock Just Dropped 14%


Since Feb. 20, the day the stock market really started to fall apart in response to the increasingly clear threat posed by the novel coronavirus, shares of toy maker Mattel (NASDAQ: MAT) have shed 45% of their value. As of 2:50 pm. EDT, they're down another 14.1%.

And I blame SunTrust.

Image source: Getty Images.

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Source Fool.com

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