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Toy story: Mattel weak after downgrade, Star Wars hopes for Hasbro

|About: Mattel, Inc. (MAT)|By:, SA News Editor

Shares of Mattel (MAT -4.8%) trade weak again as investors assess the company's update on Q4 sales issued yesterday.

The stock was also hit with a downgrade by Moness Crespi Hardt to Neutral from Buy on concerns that toy sales are trending lower this holiday season.

Hasbro (HAS +0.1%) is holding up today, despite the negative view on toy sales. Early positive reviews on Star Wars: The Last Jedi could be helping to boost sentiment.

Previously: Mattel announces private offering of senior notes due 2025 (Dec. 11)

Previously: Ratings agencies weigh in on Mattel (Dec. 11)

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