Mattel Inc. shares rise 1.54% after-hour following John Hight's appointment as President of Wizards of the Coast & Digital Gaming at Hasbro.

Mattel, Inc. experienced a 1.54% increase in after-hours trading, primarily driven by the announcement of John Hight's appointment as President of Wizards of the Coast and Digital Gaming at Hasbro, Inc. Hight's extensive experience in the gaming industry, particularly in managing the Warcraft franchise, could potentially boost investor confidence in Mattel's future growth prospects, as the connection between the two companies may be seen as a positive synergy for Mattel's toy and game business.