| Mattel's Plea for Lower Tariffs Pays Off and the Stock Pops |
The market was on fire early on Monday after President Donald Trump announced the reduction of tariffs on Chinese imports from the self-imposed 145% to 30%, for at least the next 90 days. This will allow for more negotiations, and although a deal is far from final, it looks like the tensions are coming down for now. |
fool.com |
2025-05-12 20:32:52 |
Czytaj oryginał (ang.) |
| Toy stocks rally after Chinese tariffs slashed to 30% |
Shares of Mattel, Hasbro, Jakks and Funko rallied on Monday after the U.S. agreed to temporarily reduce tariffs on China. The agreement will pause most tariffs and other trade barriers for 90 days, including reducing the 145% levy President Donald Trump had in place on Chinese imports to 30%. |
cnbc.com |
2025-05-12 20:03:20 |
Czytaj oryginał (ang.) |
| Hot Wheels Takes Iconic Orange Track to the Next Level With New Snap Feature, Its Most Significant Innovation in 50 Years |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Today, Mattel, Inc. (NASDAQ: MAT) announced that Hot Wheels®, the number one selling toy in the world1, is updating its tracks and playsets to feature a Speed Snap™ Track System, its most significant track innovation since it debuted the iconic orange track in 1968. Designed to transform the way kids build and play, this new modular system streamlines assembly, enhances track customization and elevates playability, delivering an unmatched play experience. Th. |
businesswire.com |
2025-05-12 13:30:00 |
Czytaj oryginał (ang.) |
| This Well-Known Toy Company Is Set to Be an Outperformer if the Tariff War Continues |
Mattel's (MAT -0.12%) stock was something of a hot item after the toy company reported its first-quarter results in early May -- and not only because it scored a double beat on analyst estimates. At a time when investors are worried about the impact of the current tariff war on American commerce, the company's management said the right things about its ability to weather the storm. |
fool.com |
2025-05-10 22:23:00 |
Czytaj oryginał (ang.) |
| All Aboard for 80 Years: Thomas & Friends Marks Milestone with Never-Before-Seen Pilot Episode and Charity Auction |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Thomas & Friends to celebrate the 80th anniversary and honor over eight decades of timeless stories about friendship, adventure and teamwork. |
businesswire.com |
2025-05-09 17:00:00 |
Czytaj oryginał (ang.) |
| Mattel Appoints Paul Ruh as Chief Financial Officer |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced the appointment of Paul Ruh as Chief Financial Officer, effective May 19, 2025. Ruh succeeds Mattel's current CFO Anthony DiSilvestro, who announced his retirement in January. DiSilvestro will continue to serve as an advisor to the company through August 15, 2025, to ensure a seamless transition of responsibilities. Ruh will report to Ynon Kreiz, Chairman and Chief Executive Officer of Mattel. Kreiz said: “Paul brin. |
businesswire.com |
2025-05-08 20:05:00 |
Czytaj oryginał (ang.) |
| Mattel and Hasbro Want Tariff-Free Toys—But They Could Benefit From Tariffs, Too |
Hasbro and Mattel have joined the toy industry in fighting tariffs that could cost them millions. But there could be some trade-policy upside for the domestic toy giants. |
investopedia.com |
2025-05-06 19:36:03 |
Czytaj oryginał (ang.) |
| How market panic creates value for investors, Berkshire Hathaway's portfolio, Mattel's bull cast |
Tariff uncertainty has created market volatility, and for investors, that can create worry. We look at value opportunities and tools to help you navigate market fluctuations. |
youtube.com |
2025-05-06 19:10:18 |
Czytaj oryginał (ang.) |
| Why Mattel Stock Was Climbing Today |
Shares of Mattel (MAT 2.96%) were moving higher today after the toymaker reported better-than-expected results in its first-quarter earnings report. |
fool.com |
2025-05-06 19:03:40 |
Czytaj oryginał (ang.) |
| Mattel CEO talks tariffs and mitigating prices |
Mattel (MAT) reported better-than-expected first quarter sales and reaffirmed its $600 million share buyback target. The toy company reported revenue of $826.6 million (vs. |
youtube.com |
2025-05-06 15:28:19 |
Czytaj oryginał (ang.) |
| Trump's Tariffs Hit Mattel's Barbies: Will Americans Pay 'A Couple Of Bucks More' As President Predicts? |
Toy company Mattel Inc MAT beat analyst estimates for first-quarter revenue and earnings per share Monday. |
benzinga.com |
2025-05-06 15:19:35 |
Czytaj oryginał (ang.) |
| Mattel CEO Ynon Kreiz: Manufacturing toys outside the U.S. is still the 'best balance' |
Mattel CEO Ynon Kreiz says it is cheaper to manufacture toys outside the U.S. even with Trump's tariffs in place. |
youtube.com |
2025-05-06 15:07:24 |
Czytaj oryginał (ang.) |
| Mattel plans price hikes in US as tariffs cloud outlook |
Mattel, Inc (NASDAQ:MAT) said it plans to raise prices on toys sold in the US as the company scrambles to offset the potential impact of tariffs, even as it delivered stronger-than-expected first-quarter results. The maker of Barbie dolls and Hot Wheels scrapped its full-year forecast, citing uncertainty over US trade policy under the Trump administration and its potential effects on consumer spending. |
proactiveinvestors.com |
2025-05-06 14:07:11 |
Czytaj oryginał (ang.) |
| Mattel Loss Narrower Than Estimates in Q1, Revenues Surpass |
MAT's first-quarter 2025 results are aided by robust sales in North America. |
zacks.com |
2025-05-06 14:05:45 |
Czytaj oryginał (ang.) |
| Mattel CEO says toy manufacturing won't come to America, but price hikes will |
Mattel CEO Ynon Kreiz told CNBC he does not foresee toy manufacturing coming to America. Instead, the company expects to raise prices in the U.S. to offset President Donald Trump's 145% tariff on Chinese imports. |
cnbc.com |
2025-05-06 13:22:29 |
Czytaj oryginał (ang.) |
| Mattel CEO Ynon Kreiz: Cheaper to manufacture toys outside the U.S. even with tariffs in place |
Mattel chairman and CEO Ynon Kreiz joins 'Squawk Box' to discuss the company's quarterly earnings results, why the company is pausing its financial guidance, impact of President Trump's tariffs, whether the company can move toy manufacturing back to the U.S., and more. |
youtube.com |
2025-05-06 13:22:04 |
Czytaj oryginał (ang.) |
| Barbie maker Mattel raises prices amid Trump tariff fight |
Barbie-maker Mattel announced it is raising prices on some of its toys as it navigates a "volatile macro-economic environment and evolving U.S. tariff landscape." |
foxbusiness.com |
2025-05-06 11:41:23 |
Czytaj oryginał (ang.) |
| Mattel: Your kid's next Barbies may be more expensive |
Mattel said it may have to adjust toy prices because of President Donald Trump's tariffs on China. Trump hit China with a 145% tariff. |
businessinsider.com |
2025-05-06 09:05:45 |
Czytaj oryginał (ang.) |
| Mattel, Inc. (MAT) Q1 2025 Earnings Call Transcript |
Mattel, Inc. (NASDAQ:MAT ) Q1 2025 Earnings Conference Call May 5, 2025 5:00 PM ET Company Participants Jenn Kettnich - VP, IR Ynon Kreiz - Chairman & CEO Anthony DiSilvestro - CFO Conference Call Participants Arpine Kocharyan - UBS Stephen Laszczyk - Goldman Sachs Megan Clapp - Morgan Stanley Kylie Cohu - Jefferies Alex Perry - Bank of America Eric Handler - ROTH Capital Chris Horvers - JPMorgan Operator Ladies and gentlemen, thank you for standing by. My name is Abby, and I'll be your conference operator today. |
seekingalpha.com |
2025-05-06 01:06:57 |
Czytaj oryginał (ang.) |
| Mattel to hike prices on Barbie, Hot Wheels, other toys to offset Trump tariff costs |
The toymaker also withdrew its annual earnings forecast, citing the ongoing uncertainty surrounding the president's trade policies. |
nypost.com |
2025-05-05 23:10:09 |
Czytaj oryginał (ang.) |
| Mattel and Dovetail Games Launch Thomas & Friends Add-On for Train Sim World Spring 2025 |
EL SEGUNDO, Calif. & CHATHAM, England--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, and Dovetail Games, a simulation entertainment company, today announced that the Thomas & Friends™ add-on for Train Sim World® will be available spring 2025. The trailer was revealed today at IGN Fan Fest. Inspired by Mattel's Thomas & Friends franchise, Train Sim World 5: Thomas &. |
businesswire.com |
2025-02-27 17:00:00 |
Czytaj oryginał (ang.) |
| Mattel and Warner Bros. Discovery Global Consumer Products Announce Multi-Year Licensing Partnership for DC Characters and Stories |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) and Warner Bros. Discovery Global Consumer Products today announced a global, multi-year licensing agreement utilizing DC's entire library of beloved characters and legendary storytelling. Through the partnership, Mattel is awarded the global licensing rights to develop and market a full range of DC-themed action figures, playsets, accessories, role play products, and adult collectibles starting in the second half of 2026. The agre. |
businesswire.com |
2025-02-27 14:00:00 |
Czytaj oryginał (ang.) |
| Mattel Introduces All-New Barney Toy Line to Celebrate Self-Love, Imagination and Emotional Growth |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel Introduces All-New Barney Toy Line to Celebrate Self-Love, Imagination and Emotional Growth. |
businesswire.com |
2025-02-26 11:00:00 |
Czytaj oryginał (ang.) |
| Mattel Receives 2025 Helen Keller Achievement Award |
NEW YORK, Feb. 24, 2025 (GLOBE NEWSWIRE) -- The American Foundation for the Blind (AFB) is pleased to announce that Mattel (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, will receive the prestigious Helen Keller Achievement Award, which AFB will present to Krista Berger the Senior Vice President of Barbie and Global Head of Dolls at Mattel during a special evening ceremony on April 24 in midtown Manhattan. Mattel is recognized for their global impact on the inclusion of people who are blind or have low vision following the release of its Blind Barbie doll in 2024. |
globenewswire.com |
2025-02-24 20:30:00 |
Czytaj oryginał (ang.) |
| Why Mattel (MAT) is a Top Value Stock for the Long-Term |
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. |
zacks.com |
2025-02-20 12:40:56 |
Czytaj oryginał (ang.) |
| Hasbro Launches Imaginative PLAY-DOH Barbie Playsets in Licensing Collaboration with Mattel |
PAWTUCKET, R.I. & EL SEGUNDO, Calif.--(BUSINESS WIRE)--Hasbro, Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) today announced the launch of a new PLAY-DOH Barbie collection from Hasbro's new licensing collaboration with Mattel. This unique line includes an assortment of dolls with special fashion-making tools that encourage kids to bring out their inner fashionista and create whatever DOH-ified fashions they can imagine. The PLAY-DOH Barbie line will be sold by Hasbro, launching in Target st. |
businesswire.com |
2025-02-20 11:00:00 |
Czytaj oryginał (ang.) |
| Tariffs Could Make Toys Pricier. Mattel and Hasbro Are Still Good Plays. |
So far toy stocks are shrugging off Trump's tariffs on China. |
barrons.com |
2025-02-18 15:12:00 |
Czytaj oryginał (ang.) |
| Why Mattel (MAT) is a Top Momentum Stock for the Long-Term |
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. |
zacks.com |
2025-02-17 12:55:35 |
Czytaj oryginał (ang.) |
| Mattel, Inc. (MAT) Hits Fresh High: Is There Still Room to Run? |
Mattel (MAT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. |
zacks.com |
2025-02-17 12:16:26 |
Czytaj oryginał (ang.) |
| Mattel considers raising prices on toys to mitigate tariff impact |
Mattel is looking at potentially upping toy prices as part of its efforts to mitigate President Donald Trump's tariffs on imports from China, Mexico and Canada. |
foxbusiness.com |
2025-02-06 16:41:09 |
Czytaj oryginał (ang.) |
| Mattel Considers Barbie Price Hikes to Counter Trump Tariffs |
Mattel is considering increasing the price of its Barbie and Hot Wheels toys to offset the cost of President Donald Trump's tariffs. |
youtube.com |
2025-02-05 18:31:19 |
Czytaj oryginał (ang.) |
| Mattel Stock Jumps 15% On Positive Outlook, Despite Tariff Concerns |
Mattel beat expectations for sales and earnings in the fourth quarter and saw its stock price jump by more than 15% today on the strength of its postive outlook for 2025. But executives acknowledged that recently announced tariffs could create headwinds for the company. |
forbes.com |
2025-02-05 16:41:43 |
Czytaj oryginał (ang.) |
| Why Mattel Stock Popped 12% on Wednesday |
Mattel (MAT 15.72%) stock made like a Jack-in-the-box this morning, popping up 12.5% through 10:55 a.m. ET after reporting a big fourth-quarter earnings beat after the market closed Tuesday. |
fool.com |
2025-02-05 14:02:28 |
Czytaj oryginał (ang.) |
| This is how much Mattel's $600 million buyback could boost earnings |
Mattel is ramping up its share repurchase efforts. Analyst firm UBS expects an earnings boost from the toy maker. |
marketwatch.com |
2025-02-05 12:29:00 |
Czytaj oryginał (ang.) |
| Mattel says Barbies and Hot Wheels could soon get more expensive under Trump's tariffs |
Toymaker Mattel said its considering raising prices in response to President Donald Trump's new tariffs on China and potential duties on Mexico and Canada. The toy giant behind popular brands like Barbie and Hot Wheels sources about 40% of its goods from China, which Trump slapped with a new 10% tariff. |
cnbc.com |
2025-02-05 11:51:45 |
Czytaj oryginał (ang.) |
| Mattel Q4 Earnings Beat Estimates, Revenues Lag, Stock Up |
MAT's Q4 margins reflect benefits from supply-chain efficiencies, savings from the Optimizing for Profitable Growth program and foreign exchange favorability. |
zacks.com |
2025-02-05 11:46:11 |
Czytaj oryginał (ang.) |
| Mattel Stock Jumps as Toymaker Looks to Supply Chain, Prices to Limit Tariffs Threat |
Mattel (MAT) shares are rising more than 12% in premarket trading Wednesday, after the maker of Barbie dolls and Hot Wheels announced plans to mitigate the threat of tariffs by relying on its supply chain and price rises. It also forecast a surprising growth in 2025 sales. |
investopedia.com |
2025-02-05 11:11:01 |
Czytaj oryginał (ang.) |
| Barbie parent Mattel shares surge on strong profit forecast despite tariff worries |
Mattel shares surged 14% in premarket trading on Wednesday after the Hot Wheels maker provided an upbeat annual profit forecast and hinted at stabilizing toy demand, despite tariff-related uncertainty. |
reuters.com |
2025-02-05 10:55:28 |
Czytaj oryginał (ang.) |
| Mattel, Inc. (MAT) Q4 2024 Earnings Call Transcript |
Mattel, Inc. (NASDAQ:MAT ) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Jenn Kettnich - Vice President, Investor Relations Ynon Kreiz - Chairman and Chief Executive Officer Anthony DiSilvestro - Chief Financial Officer Conference Call Participants Stephen Laszczyk - Goldman Sachs Alexander Perry - Bank of America Megan Clapp - Morgan Stanley Chris Horvers - JPMorgan Arpine Kocharyan - UBS Eric Handler - Roth Capital Fred Wightman - Wolfe Research Linda Bolton-Weiser - D.A. Davidson Operator Hello, my name is Jessica, and I will be your conference operator today. |
seekingalpha.com |
2025-02-04 23:37:33 |
Czytaj oryginał (ang.) |
| Compared to Estimates, Mattel (MAT) Q4 Earnings: A Look at Key Metrics |
The headline numbers for Mattel (MAT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-02-04 22:01:08 |
Czytaj oryginał (ang.) |
| Is Mattel (MAT) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-12-27 12:45:47 |
Czytaj oryginał (ang.) |
| How Mattel and other U.S. toymakers are preparing for Trump's tariff threats |
With the incoming Trump administration promising an entirely new round of tariffs on U.S. imports, Atlanta-based Kids2 and other toymakers are reviewing product lines, looking for ways to limit the cost of new levies. |
fastcompany.com |
2024-12-18 17:21:17 |
Czytaj oryginał (ang.) |
| Barbie Dance Party Game from Mattel and Nex Playground Launches Today |
EL SEGUNDO, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--Mattel, Inc. (Nasdaq: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, and Nex, the leading motion technology company, today launched Barbie™ Dance Party, an interactive new dance game available exclusively on the award-winning Nex Playground console. Up to four players can join Barbie “Malibu” Roberts and Barbie “Brooklyn” Roberts to show off their moves in an unfo. |
businesswire.com |
2024-12-18 13:00:00 |
Czytaj oryginał (ang.) |
| Is Mattel (MAT) a Great Value Stock Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-12-11 12:46:22 |
Czytaj oryginał (ang.) |
| The Zacks Analyst Blog The Walt Disney,Choice Hotels International, Snap-on, Hanesbrands and Mattel |
The Walt Disney,Choice Hotels International, Snap-on, Hanesbrands and Mattel are included in this Analyst Blog. |
zacks.com |
2024-12-11 05:16:26 |
Czytaj oryginał (ang.) |
| 5 Discretionary Stocks With Upside for 2025 as Consumer Sentiment Rebounds |
It is an ideal time to invest in discretionary stocks like DIS, CHH, SNA, HBI and MAT, with consumer sentiment soaring to a seven-month high. |
zacks.com |
2024-12-10 11:25:22 |
Czytaj oryginał (ang.) |
| 4 Discretionary Stocks to Buy as Consumer Confidence Hits 16-Month High |
Stocks like CNK, DIS, MAT and FOX will benefit from the jump in consumer confidence and the ongoing holiday season. |
zacks.com |
2024-12-04 13:05:48 |
Czytaj oryginał (ang.) |
| Mother sues Mattel over porn website printed on Wicked doll packaging |
Toy giant Mattel is being sued by a mother who says her daughter accessed a porn website via a link on the packaging for a Wicked doll. |
news.sky.com |
2024-12-04 09:29:49 |
Czytaj oryginał (ang.) |
| Here's Why Mattel (MAT) is a Strong Value Stock |
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. |
zacks.com |
2024-11-25 12:45:48 |
Czytaj oryginał (ang.) |
| Should Value Investors Buy Mattel (MAT) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-25 12:45:34 |
Czytaj oryginał (ang.) |
| Why Is Mattel (MAT) Down 1% Since Last Earnings Report? |
Mattel (MAT) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-11-22 14:36:49 |
Czytaj oryginał (ang.) |
| Mattel to Participate in Morgan Stanley's Global Consumer & Retail Conference |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that Ynon Kreiz, Mattel's Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel's Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on Wednesday, December 4, 2024 at 11:00 a.m. Eastern time. The webcast will be available on Mattel's Investor Relations website, https://investors.mattel.com/. To listen to the webcast, log onto the. |
businesswire.com |
2024-11-20 18:30:00 |
Czytaj oryginał (ang.) |
| Tap These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios |
We have screened bargain stocks LOCO, EZPW, MAT, OPFI and AGR based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential. |
zacks.com |
2024-11-19 10:20:30 |
Czytaj oryginał (ang.) |
| Hot Wheels Crowns 2024 Global Legends Tour Winner, Soon to be Reimagined as a Hot Wheels Die-Cast Car Sold Worldwide |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced the 2024 winner of the Hot Wheels Legends Tour, the world's largest traveling car show, during the virtual Global Grand Finale held on November 16. After taking home the top spot during the 2024 Chilean tour stop, a home-built race car, nicknamed La Liebre, secured the global victory and will be inducte. |
businesswire.com |
2024-11-16 15:30:00 |
Czytaj oryginał (ang.) |
| Wall Street Analysts Think Mattel (MAT) Could Surge 26.43%: Read This Before Placing a Bet |
The mean of analysts' price targets for Mattel (MAT) points to a 26.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock. |
zacks.com |
2024-11-13 13:00:51 |
Czytaj oryginał (ang.) |
| Mattel pulls thousands of 'Wicked' dolls off shelves after printing adult website on packaging |
Mattel is pulling its "Wicked"-branded fashion dolls from retail shelves. Packages of its Glinda, Elphaba and other character dolls featured a misprinted website that lead to an adult website instead of Universal's movie site. |
cnbc.com |
2024-11-11 15:58:43 |
Czytaj oryginał (ang.) |
| Why Mattel (MAT) is a Top Momentum Stock for the Long-Term |
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. |
zacks.com |
2024-11-08 12:55:36 |
Czytaj oryginał (ang.) |
| Here's Why Mattel (MAT) is a Strong Value Stock |
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. |
zacks.com |
2024-11-07 12:45:56 |
Czytaj oryginał (ang.) |
| Are Investors Undervaluing Mattel (MAT) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-07 12:45:35 |
Czytaj oryginał (ang.) |
| Matinas BioPharma Announces the Termination of MAT2203 Partnership Negotiations and Implements Immediate Workforce Reduction |
BEDMINSTER, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (NYSE American: MTNB) announces that negotiations under the previously disclosed non-binding term sheet regarding global rights to MAT2203, its oral formulation of amphotericin B, have been terminated following notification from the prospective partner. As a result, Matinas has implemented an 80% workforce reduction effective immediately, eliminating 15 positions including three members of senior management, and has ceased all product development activities to conserve cash. |
globenewswire.com |
2024-10-31 08:30:00 |
Czytaj oryginał (ang.) |