Mattel Shares Break Out to a New 3-Year High

Mattel Inc. (MAT) shares jumped more than 6 percent Tuesday, the highest intraday PPS since July 2007, following news that billionaire Carl Icahn, known for his activist stances and battles with boards, built up a new stake in the toy manufacturer. In its 13F filing with the SEC, Icahn’s Icahn Capital LP disclosed a 2.43 [...]