MAT is trading at $16.96 (+2.98%) on a technical rebound as the stock recovers from a significant post-earnings sell-off.
- The gain follows a recovery from a -24.98% drop on February 11 after Q4 earnings showed a full-year sales decline despite growth in the Hot Wheels brand.
- No major company-specific news was identified today, suggesting the move is driven by stock-specific momentum or a correction from oversold territory.
- The stock is currently outperforming the broader market, with the S&P 500 down 0.28% in today's session.