DJ Tupperware Brands Corp. Stock Falls Thursday, Underperforms Market
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Shares of Tupperware Brands Corp. $(TUP)$ slid 8.49% to $3.88 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.12% to 13,737.99 and the Dow Jones Industrial Average rising 0.15% to 35,176.15.
This was the stock's third consecutive day of losses.
Tupperware Brands Corp. closed $8.98 short of its 52-week high ($12.86), which the company reached on August 16th.
The stock underperformed when compared to some of its competitors Thursday, as Nu Skin Enterprises Inc. Cl A $(NUS)$ rose 0.44% to $25.37, Estee Lauder Cos. Cl A $(EL)$ rose 2.26% to $169.94, and Yunhong CTI Ltd. $(CTIB)$ rose 13.25% to $1.71.
Trading volume (10.5 M) remained 15.0 million below its 50-day average volume of 25.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2023.
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(END) Dow Jones Newswires
August 10, 2023 16:34 ET (20:34 GMT)
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