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Bearish MACD for JAKKS Pacific, Inc.

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JAKKS Pacific, Inc.’s (JAKK - Free Report) MACD indicator has moved into bearish territory with a reading of –0.4154. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.84% to $12.98 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past month to 69 cents per share.


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