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Why Mattel Stock Was Climbing Today

TheMotleyFool

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Shares of Mattel (NASDAQ: MAT) were gaining today, in tandem with a rotation in the market that was favoring beaten-down cyclical stocks like the struggling toy maker and selling high-growth tech stocks that had recently hit all-time highs.

As a result, the stock was trading up 5.2% as of 2:06 p.m. EDT.

Image source: Mattel.

Source Fool.com

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