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Mattel Shares Surge As Holiday Shopping Begins

Mattel Inc. rose today as much as 12 percent in extended trading after Q3 outcomes defied expectations, lifted by consumers snapping up Barbie dolls and Hot Wheels toys through the pandemic. Revenue rose 10% to $1.63 billion within the period, Mattel stated on Thursday, topping analysts’ predictions of $1.46 billion. Adjusted profit ended up being […]
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