Mattel, Inc. (MAT) Dumps 7 Percent As Barbie Slips Away

After releasing its earnings report for the June quarter today, Mattel, Inc. (NASDAQ:MAT) shares began a desperate plunge on this morning’s market. The big problem, as with most post-earnings news, was that Mattel missed the targets set for it by Wall Street. At time of writing the company’s shares were down 6.88% to $43.14. Before the market opened this morning, Mattel, Inc. (NASDAQ:MAT) revealed that it had earned 21 cents per share for the three months’ period ending June 30, on revenue totaling $1.17 billion. The figures didn’t quite match up to analysts predictions. By consensus, analysts were looking for earnings…