Mattel, Inc. shares rise 3.53% after-hours after announcing Jon M. Chu to direct 'Hot Wheels' feature film.

Mattel, Inc. rose 3.53% in after-hours trading, with the company announcing that acclaimed director Jon M. Chu will direct a live-action Hot Wheels feature film. The film, based on Mattel's legendary toy car, is expected to bring the beloved franchise to life, showcasing high-octane action and potentially driving investor interest.