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BlueMountain Has a Problem with Barbie

Among other ideas revealed at the Sohn Canada Conference this week, David Zorub of BlueMountain recommended shorting Mattel in part because of what he calls the company’s “problem child.”

       (Bloomberg) In April toy maker Mattel’s stock price got a boost after the El Segundo, California–based company unveiled a new management team. The new group of leaders, headed up by CEO Christopher Sinclair, was expected to implement big changes to pull Mattel out of a difficult rut. But the company’s stock

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