Why Tupperware Stock Is Tumbling Today
Shares of Tupperware Brands (NYSE: TUP) were tumbling 12% in morning trading Monday on no specific news, but it follows a huge run-up last week on earnings and an even larger gain for the year.
The container maker surprised the market last week with a huge profit of $1.30 per share, a big change from the per-share loss Wall Street was expecting. The stock is up 80% in 2020 and over 1,000% higher from its 52-week low.
Image source: Tupperware Brands.
Source Fool.com
