DJ Tupperware Brands Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Tupperware Brands Corp. $(TUP)$ tumbled 12.58% to $4.24 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.17% to 13,722.02 and Dow Jones Industrial Average falling 0.54% to 35,123.36.
This was the stock's second consecutive day of losses.
Tupperware Brands Corp. closed $8.62 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 Wednesday, as Nu Skin Enterprises Inc. Cl A $(NUS)$ fell 1.79% to $25.26, Estee Lauder Cos. Cl A $(EL)$ fell 1.16% to $166.19, and Yunhong CTI Ltd. $(CTIB)$ rose 11.03% to $1.51.
Trading volume (17.3 M) remained 7.9 million below its 50-day average volume of 25.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 2023.
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(END) Dow Jones Newswires
August 09, 2023 16:33 ET (20:33 GMT)
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