Comment on Why Mattel Stock Slumped Today

Why Mattel Stock Slumped Today

Shares of Mattel (NASDAQ: MAT) dropped on Tuesday after the toy maker was downgraded by UBS. Fears of a full-blown trade war could also be playing a role. Mattel stock was down about 5.3% at 12:35 p.m. EDT.UBS downgraded shares of Mattel on Tuesday to neutral, replacing a previous buy rating.

 

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