The Law Offices of Frank R. Cruz has launched a securities fraud investigation into Mattel following a massive 24.98% stock collapse triggered by disappointing 2025 financial results.
- The probe follows a February 10 earnings report where net sales fell 1%, missing growth guidance due to a "soft December" that forced aggressive discounting and crushed margins.
- Analysts caution that the "Barbie boom" has dissipated, leaving a significant vacuum for the toymaker to fill as it struggles to regain momentum.
- Mattel shares closed at $17.28 on February 18, 2026, representing a minor 2.61% recovery following the initial sell-off.