Mattel shares plummeted to lowest in 20 years

Mattel shares had their worst day in 20 years, plunging as much as 23 percent after management warned it expects ho-hum sales and margins this year. The news — revealed at a closed-door meeting with analysts on Friday — was whiplash for Wall Street. Investors had still been digesting surprisingly strong fourth-quarter results last week,...

from New York Post https://nyp.st/2N9Qatx