Mattel now up 36% since earnings

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

Mattel (NASDAQ:MAT) is up another 6.95% to push shares to their highest level since last June.

The post-earnings rally for Mattel is now +36% and counting.

During Mattel's earnings presentation, management cited the long-term potential of unlocking intellectual property upside, while also guiding for run-rate cost savings of $650M for this year.

Previously: Mattel pops after posting unexpected profit (Feb. 7)

Previously: Toy story: Mattel outperforms Hasbro (Feb. 8)

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