DJ Tupperware Brands Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Tupperware Brands Corp. $(TUP)$ tumbled 15.38% to $2.42 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.17% to 13,316.93 and Dow Jones Industrial Average falling 0.84% to 34,474.83.
This was the stock's third consecutive day of losses.
Tupperware Brands Corp. closed $10.07 short of its 52-week high ($12.49), which the company reached on August 18th.
The stock underperformed when compared to some of its competitors Thursday, as Nu Skin Enterprises Inc. Cl A $(NUS)$ fell 0.41% to $24.20, Estee Lauder Cos. Cl A $(EL)$ fell 0.04% to $162.06, and Yunhong CTI Ltd. $(CTIB)$ fell 1.06% to $1.86.
Trading volume (9.0 M) remained 17.4 million below its 50-day average volume of 26.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 17, 2023.
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(END) Dow Jones Newswires
August 17, 2023 16:33 ET (20:33 GMT)
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