Stock Movers Mattel Plunges, Robinhood Drops, Zillow Falls on Profit Forecast
Feb 11, 2026
Nora Melinda, Bloomberg Television markets correspondent covering corporate earnings and stock moves. She breaks down Mattel’s dramatic premarket plunge after weak holiday results and a lower profit outlook. She covers Robinhood’s crypto-driven revenue drop and outlook for expansion. She explains Zillow’s profit forecast miss tied to legal and partnership costs.
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Mattel's Weak Forecast Sparks Big Selloff
- Mattel plunged after holiday results missed estimates and it forecasted lower 2026 profit.
- Nora Melinda says investors reacted harshly, triggering the stock's worst day since 1999.
Analysts Cite Visibility Issues For Recovery
- Analysts cut ratings and price targets citing lack of visibility for Barbie's recovery and back-half importance.
- JP Morgan lowered Mattel to underweight and trimmed its price target, highlighting uncertain recovery drivers.
Crypto Slump Hits Robinhood Earnings
- Robinhood shares fell after Q4 net revenue missed and crypto volumes declined, hurting results.
- Nora Melinda notes net income dropped 34% and crypto weakness was a major drag on the brokerage.