AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: Jonah Keri
Jakks Pacific tried to break out of its long base in November. The stock ran up for a couple of weeks, then retreated, falling into a shorter, four-month consolidation. It's 9% off its high.
The maker and marketer of action figures, mostly World Wrestling Federation characters, has benefited from the WWF's growth in recent years. The firm added to its stable of toys by acquiring Toymax International in February for $54.5 million. Toymax makes pool and water toys, karaoke machines for kids and other products.
Jakks' sales have faded in recent quarters, to 4% from ...