Mattel soars after earnings smashed estimates and after the Barbie maker calls its whistleblower allegations 'unfounded'

Mattel, the toymaker soared more than 18% in premarket trading. The firm beat estimates in revenue and earnings per share, according to CNBC. Mattel also said that while it had misstated public financial statements in 2017, a whistleblower complaint earlier this year was unfounded. Watch Mattel trade live. View Business Insider's homepage for more stories.

Mattel, the toymaker soared more than 18% in premarket trading. The firm beat estimates in revenue and earnings per share, according to CNBC. Mattel also said that while it had misstated public financial statements in 2017, a whistleblower complaint earlier this year was unfounded. Watch Mattel trade live. View Business Insider's homepage for more stories.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mattel shares spike after earnings beat, new CFO named after whistleblower probe endsA quick peek into $MAT's health (stopped out) and risk (32.08%).
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Mattel, Johnson & Johnson, Edison International and moreSee which stocks are posting big moves after the bell on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Mattel shares spike after earnings beat, new CFO named after whistleblower probe endsA quick peek into $MAT's health (stopped out) and risk (32.08%).
Source: CNBC - 🏆 12. / 72 Read more »