If You Invested $1,000 In Mattel Stock When 'Barbie Girl' Song Was Released, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
The article discusses the impact of the 'Barbie Girl' song on Mattel Inc's (NASDAQ:MAT) stock since its release in 1997. It also mentions the release of the 'Barbie' movie by Mattel and Warner Bros. Discovery (NASDAQ:WBD). A $1,000 investment in Mattel in 1997 would be worth $1,680.97 today, a 68.1% increase. However, the same investment in the SPDR S&P 500 ETF Trust (NYSE:SPY) would be worth $18,534.65, a 1,753.5% return.
July 21, 2023 | 6:50 pm
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POSITIVE IMPACT
Mattel's stock has seen a 68.1% increase since the release of the 'Barbie Girl' song in 1997.
The 'Barbie Girl' song and the recent 'Barbie' movie have likely increased attention to the Barbie brand, potentially leading to increased sales and a positive impact on Mattel's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
A $1,000 investment in the SPDR S&P 500 ETF Trust in 1997 would have yielded a 1,753.5% return today.
The SPDR S&P 500 ETF Trust has significantly outperformed Mattel's stock since 1997, indicating a strong performance of the overall market.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 50
POSITIVE IMPACT
Warner Bros. Discovery is involved in the release of the 'Barbie' movie, which could potentially impact its stock.
The release of the 'Barbie' movie could potentially increase Warner Bros. Discovery's revenues and positively impact its stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50