'Barbie-Maker Mattel Faces Growing Shareholder Pressure to Consider a Sale; Ariel Investments, Which Has A 5.4% Stake In The Toy Maker, Said It Believes The Company’s Shares Remain Significantly Undervalued'- WSJ

Mattel, the maker of Barbie, is facing increasing pressure from shareholders, particularly Ariel Investments, which holds a 5.4% stake in the company. Ariel believes that Mattel's shares are significantly undervalued and is urging the company to consider a sale. This situation highlights the growing concerns among investors regarding the company's current market valuation.