Mattel slumped 7.6% last Thursday in the worst one-day drop since February, while Hasbro plunged 12%, the most since March 2020. Both stocks extended losses last Friday.
Industry giants Mattel and Hasbro aren't taking Lego's resurgence as a top toy maker lying down. The two firms are reportedly in talks discussing a prospective merger after Hasbro approached the ...
On Monday, Stifel reported a significant increase in short interest for toy manufacturers Hasbro and Mattel (NASDAQ:MAT), with jumps of 22% and 14% respectively, in the latter half of October. The ...