Mattel Continues To See Significant Weakness After Early Sell-Off


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(RTTNews.com) - Shares of Mattel ( MAT ) continue to see substantial weakness in afternoon trading on Friday after coming under pressure early in the session. After hitting its lowest intraday level in well over a year, Mattel is currently down by 12.3 percent.

The sell-off by Mattel comes after the toymaker reported a wider than expected first quarter loss on revenues that came in below expectations.

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This article appears in: Stocks
Referenced Symbols: MAT


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