Mattel posts narrower loss, thanks to Hot Wheels growth and lower costs
-
MATTEL shares rose in extended trading after the toymaker reported a
smaller-than-expected first-quarter loss, benefiting from fast sales of its
Hot Wheels...
1 hour ago
My WAG (wild ass guess) is for 60% chance of round 2 later this year. Catalyst may be re-lockdowns as northern winter approaches, disappointment at slow return to normal, increasing corporate bankruptcies.
ReplyDeleteWhether it will lead to -20% correction in a continuing secular 20-year bull (that started in 2009), or a -50% showstopper, or anything in-between is anybody's guess, kekeke!!