Authentic Brands Group

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Mattel (MAT) shares surge nearly 20% amid takeover interest from Authentic Brands Group

10/01/2026, 01:37 PM business stock_growth Authentic Brands Group Mattel

Mattel's shares surged nearly 20% following reports of takeover interest from Authentic Brands Group, which could value the toymaker at over $20 per share. This development is significant as it reflects potential strategic shifts in the toy industry and investor sentiment towards Mattel.