Mattel Stock Jumps as Toymaker Looks to Supply Chain, Prices to Limit Tariffs Threat
Portfolio Pulse from
Mattel's stock surged over 12% in premarket trading as the company announced strategies to counter tariff threats through supply chain adjustments and price increases. Additionally, Mattel projected unexpected sales growth for 2025.
February 05, 2025 | 2:30 pm
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Mattel's stock rose over 12% in premarket trading due to its plans to mitigate tariff threats through supply chain and pricing strategies, alongside a positive sales growth forecast for 2025.
The significant premarket stock increase indicates strong investor confidence in Mattel's strategies to handle tariff threats and its positive sales outlook for 2025. These factors are likely to drive short-term stock price appreciation.
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