JAKKS Pacific Dips as Dividend Date Draws Attention
JAKKS Pacific shares dropped Friday, with the toy maker trading ex-dividend. The light volume drew new focus as the stock tried to hang onto gains after its mixed first-quarter numbers. Shares of the Santa Monica, California-based firm dropped 3.1% to $22.16 in afternoon trading. The stock opened at $22.63, climbed to $22.80, and then fell back to an intraday low of $22.16, market data showed.