Shares of Mattel plunged 28% in Wednesday's premarket trading session.
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During Mattel's third quarter, global sales of Barbie and Fisher-Price declined by double digits.
Tepid US December shopping month and forced reduction in prices send stock falling in after-hours trading
TD Cowen downgraded shares of P&G to hold.
The shares are down about 7% in premarket trading.
As reasons for the Snap downgrade, Citizens pointed to ongoing leadership changes and increasing competition.
The market downturn put some stocks across the consumer discretionary, industrials and technology sectors into oversold territory.
