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Mattel’s stock up 1.5% after ‘Barbie’ claims top spot at North American box office in opening weekend

The stock of Mattel Inc.
MAT,
+1.84%,
parent of the Barbie doll, rose 1.5% premarket Monday, after the Greta Gerwig-helmed “Barbie” movie claimed top spot at the box office over the weekend with a massive $155 million i ticket sales from North American theaters, as the Associated Press reported. That surpassed “The Super Mario Bros. Movie” (as well as every Marvel movie this year) as the biggest opening of the year and broke the first weekend record for a film directed by a woman. Meanwhile,  “Oppenheimer,” from Comcast’s Universal, so soared past expectations, taking in $80.5 million from 3,610 theaters in the U.S. and Canada, marking Nolan’s biggest non-Batman debut and one of the best-ever starts for an R-rated biographical drama. Comcast’s stock was slightly higher.

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This article was written by Follow Fredrik Arnold is a retired quality service analyst sharing investment ideas with a primary focus on dividend yields...