Mattel, the maker of Barbie dolls, is under pressure from major shareholder Ariel Investments to consider a sale due to declining sales and profitability. Ariel's chairman suggested the company could attract strategic buyers, including entertainment firms and private equity, potentially fetching a premium price. This comes as Mattel undergoes a leadership change with Roger Lynch becoming CEO, and after a reported $6 billion takeover interest from Authentic Brands. Mattel's board says it will consider shareholder views while aiming to act in all shareholders' best interests.
Mattel's market capitalization stands at $4.59 billion as of Oct 06, 2026, 17:11 WIB, with an enterprise value of $6.81 billion. On Pluang, the stock price is USD 16.00, showing a slight 0.31% decline in the last day, while trading volume reached 14,682,864 shares. Order activity on Pluang leans more towards buying at 59%, indicating ongoing investor interest despite the recent pressure on the company.
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Mattel's shares surged nearly 20% after reports that Authentic Brands Group showed interest in acquiring the toymaker, potentially valuing it at over $6 billion. Discussions are preliminary, with Authentic drawn by Mattel's entertainment properties f...
