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Mattel (MAT) Worth a Look: Stock Gains 13.8% in Session

Mattel, Inc.MAT was a big mover last session, as the company saw its shares rise almost 14% on the day. The upside came on the back of better-than-expected fourth-quarter earnings results which led to more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $24.87 to $37.59 in the past one-month time frame.

The company has seen 3 negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last.

Mattel currently has a Zacks Rank #3 (Hold).

A well-ranked stock in the same space is Take-Two Interactive Software Inc. TTWO sporting a Zacks Rank #1 (Strong Buy).

Is MAT going up? Or down? Predict to see what others think: Up or Down

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MATTEL INC (MAT): Free Stock Analysis Report

TAKE-TWO INTER (TTWO): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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