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Mattel Inc. (MAT) Is Heading Lower After Q4 Loss

Mattel Inc. (MAT) reported a fourth quarter loss of $0.72 after the bell Thursday, compared to the profit of $0.52 a year ago. Analysts expected EPS of $0.17. The stock is now down 1.22 on 407K shares.

Mattel gapped open slightly lower Thursday and slipped further around mid-morning. The stock closed down by 0.52 at $15.32. Mattel fell to a 2-week low.

by RTTNews Staff Writer

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