Name: Bearish Mattel (MAT) Stock Earnings Takeaways
Uploaded: 2022-10-26T16:56:12.761
Duration: 5 min 53 s

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Mattel's (MAT) gross margin was hurt by inventory management costs, and advertising ratchets are higher to support holiday sales, says a Morningstar analyst. Jamie Katz and Kevin Horner discuss the major takeaways from MAT's earnings. Kevin notes that MAT is bearish in nature and new short-side traders might allow a rally to 50-DMA before starting a short position. They also talk about how MAT 3Q sales are up 3% in constant currency. Tune in to find out more about the stock market today.

Bearish Mattel (MAT) Stock Earnings Takeaways

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.