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Mattel Stock Jumps as Toymaker Looks to Supply Chain, Prices to Limit Tariffs Threat
MATMattel(MAT) Investopedia·2025-02-05 22:11

KEY TAKEAWAYSMattel shares are rising in premarket trading Wednesday, after the maker of Barbie dolls and Hot Wheels announced plans to mitigate the threat of tariffs by reorienting its supply chain and forecast a surprising growth in 2025 sales.Mattel said that it would take "mitigating actions" to limit the impact of tariffs.UBS analysts said Mattel's projection of 2025 was a big surprise and that Mattel could shift some production out of China. Mattel (MAT) shares are rising more than 12% in premarket tr ...