$MAT 0.55 Developing

Sentiment history

bullish neutral mixed bearish line = signal dashed = price

neutral 2

@wallstengine neutral 89 eng

Mattel $MAT is in takeover talks with Authentic Brands Group over a potential offer valuing the company at $6B+ or more than $20/share, according to the WSJ. Premium of roughly 58%+ https://t.co/VeVT4y2qyo
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@faststocknewss neutral 15 eng

MATTEL $MAT DRAWS TAKEOVER INTEREST FROM AUTHENTIC BRANDS GROUP, PER WSJ Authentic has made an approach and has been privately discussing an offer that could value Mattel at more than $20 a share, or around $6B or more, per people familiar. There is no guarantee of a deal, and a formal sale process isn't under way. Mattel shares closed at $12.66 Wednesday, down 4% after the company named Condé Nast CEO Roger Lynch as its next CEO, giving it a market value of about $3.6B. Lynch succeeds Ynon Kreiz, who is leaving to become co-CEO of Paramount $PSKY.
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Only one day of history so far — the signal arc fills in as the daily job runs.