Meme Stocks Cheered up in Morning Trading; Tupperware Surged Over 28% and Jumped Over 260 in 5 Days

Tiger Newspress2023-07-27

Meme stocks cheered up in morning trading; Tupperware surged over 28% and jumped over 260 in 5 days.

Shares of the beleaguered maker of iconic containers ended Monday's session up 75.6%, on no apparent news, marking their largest one-day percentage gain. The stock then pulled back to end Tuesday's session down 15.8%, before rallying again Wednesday. Tupperware's recent trading activity is reminiscent of spikes in other names also recently seen as "left-for-dead."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment