Home / World / Why Mattel, Continental Resources, and The Trade Desk Jumped Today

Why Mattel, Continental Resources, and The Trade Desk Jumped Today



[ad_1]

<p clbad = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The stock market rose on Tuesday, driven by comments that They suggested that the Federal Reserve might be willing to reduce interest rates in the United States if the economy begins to show signs of weakness.The comments of several central bank officials seemed to open the door to a sudden reversal of the policy as soon as The meeting was held at the end of this month, despite the fact that the Fed invested most of the last two years raising interest rates, the main indexes rose approximately 2%, but some shares recorded gains still greater. Mattel (NASDAQ: MAT), Continental resources (NYSE: CLR)Y The trade table (NASDAQ: TTD) They were among the best interpreters. Here's why they did it so well. "Data-reactid =" 11 "> The stock market rose on Tuesday, boosted by comments that suggested the Federal Reserve might be willing to lower interest rates in the US If the economy begins to show signs, the statements of several central bank officials seemed to open the door to an abrupt reversal of the policy as soon as it met later this month, despite the fact that the Fed spent a large part of it. in recent years, raising interest rates, the indexes rose by approximately 2%, but some shares registered even higher profits. Mattel (NASDAQ: MAT), Continental resources (NYSE: CLR)Y The trade table (NASDAQ: TTD) They were among the best interpreters. Here's why they did it so well.

Mattel makes some moves.

<p clbad = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Shares of Mattel climbed almost 12%. As the toy manufacturer announced that it would enter into some partnerships designed to expand the reach of its product line. One partnership involves a movie based on Mattel's Magic 8 Ball toy, but probably the most important deal made Mattel sign an international licensing agreement with Sanrio, the company behind the international success Hello Kitty. With toys based on Hello Kitty that will be launched almost all over the world by the end of 2020, Mattel hopes to increase its global appeal, and although the toy company knew that it would be eliminated from the S & amp; P 500 to the S & amp; P 400 Midcap index, shareholders believe that Mattel will be in a better position in the future. "data-reactid =" 13 "> Mattel shares rose almost 12% when the toy maker announced that it would enter into some partnerships designed to expand the reach A partnership involves a movie based on Mattel's Magic 8 Ball toy, but probably the most important agreement made Mattel sign an international license agreement with Sanrio, the company behind the international success Hello Kitty. Hello Kitty, launched worldwide at the end of 2020, Mattel hopes to increase its global appeal, and although the toy company knew it would be degraded from the S & P 500 to the S & P 400 Midcap Index, shareholders think that Mattel will be in a better position in the future.

Design of the Blokus box with colored pieces and game board.

Mattel owns many toy and game franchises, including Blokus. Image source: Mattel.

Continental becomes friendly with shareholders

<p clbad = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Continental resources its shares rose 15% after the oil and gas exploration and production company surprised investors by announcing measures to return capital to its shareholders. Continental said it would start paying a dividend of $ 0.05 per share on a quarterly basis, giving it a moderate initial return of 0.5%. In addition, the energy company said it would authorize a share repurchase program for $ 1 billion, which is considerable given its market capitalization of approximately $ 15 billion. Even in a challenging environment for energy prices, Continental has done a great job to get a better financial position. Today, shareholders are reaping the rewards for their patience, and although the company still has more work to do, things look more promising for Continental than in a long time. "Data-reactid =" 27 "> Continental Resources saw Their actions The US increased 15% after the oil and gas exploration and production company surprised investors by announcing measures to return capital to its shareholders, and Continental said it would begin paying a dividend of $ 0.05 per share on a quarterly basis, giving it a modest initial performance In addition, the energy company said it would authorize a $ 1 billion stock repurchase program, which is considerable given its market capitalization of approximately $ 15 billion even in a challenging environment for energy prices , Continental has done a great job to achieve it, financially better. having the rewards for their patience, and although the company still has more work to do, things look more promising for the continentals they have in a long time.

The Trading Table is trading upwards.

<p clbad = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Finally, the actions of The Trade Desk soared 13 % The programmatic advertising specialist had seen considerable losses over the past week, as investors in general were scared of exposure to high-growth technology companies, however, as some of those who follow antitrust concerns among high-tech companies Larger technology have noticed, The trading desk potentially offers competition to its larger colleagues to help users evolve through obsolete internet business models and mobile advertising. Investors have become accustomed to the fact that The Trade Desk's shares are volatile, but in today's big move, the optimism that the advertising company can take advantage of the growth opportunities seemed convincing. "Data-reactid =" 29 " > Finally, The Trade Desk's stock shot up The programmatic advertising specialist had seen considerable losses over the past week, as investors in general were scared of exposure to high-growth technology companies. Following the antitrust concerns among the largest technology companies have noticed, The Trade The desktop potentially offers competition to its larger colleagues to help users evolve through obsolete Internet business models and mobile advertising. They have become accustomed to the fact that the actions of The Trade Desk are volatile, but in the great movement Today, the optimism is that the advertising company can take advantage of the opportunities for growth seemed convincing.

<p clbad = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " More from The Motley Fool "data-reactid =" 30 "> More from The Motley Fool

<p clbad = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Dan Caplinger It has no position in any of the actions mentioned. The Motley Fool owns shares and recommends The Trade Desk. The Motley Fool has a disclosure policy."data-reactid =" 38 ">Dan Caplinger has no position in any of the actions mentioned. The Motley Fool owns shares and recommends The Trade Desk. The Motley Fool has a disclosure policy.

[ad_2]
Source link