Patient Capital Management Exits $50.9 Million Stake in Mattel Amid Stock Decline
Patient Capital Management sold its entire stake of over 2.7 million shares in Mattel for approximately $50.9 million during Q1, as revealed by a May 14 SEC filing. The move comes amid a 24% drop in Mattel's stock price year-to-date and underperformance compared to the S&P 500.
Tickers: $MAT
Topics: investment exit Mattel SEC filing share price decline