Mattel: Burn, Barbie, Burn!
October 27, 2017 at 15:41 PM EDT
Mattel (MAT) are plunging today after the toy company cut its dividend as third quarter sales plunged and per-share profit fell dramatically short of expectations. A number 1 Barbie, from the first line of Barbies ever manufactured in 1959. Getty Images In short, it was one ugly quarter, leading Mattel’s stock price to fall, at one […]
