DJ Tupperware Brands Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Tupperware Brands Corp. $(TUP)$ plunged 11.93% to $1.92 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.56% to 13,708.33 and Dow Jones Industrial Average falling 0.83% to 34,618.24.
This was the stock's third consecutive day of losses.
Tupperware Brands Corp. closed $6.88 short of its 52-week high ($8.80), which the company achieved on September 21st.
The stock underperformed when compared to some of its competitors Friday, as Nu Skin Enterprises Inc. Cl A $(NUS)$ rose 0.25% to $24.01, Estee Lauder Cos. Cl A $(EL)$ rose 0.95% to $155.70, and Yunhong CTI Ltd. $(CTIB)$ rose 8.33% to $1.82.
Trading volume (8.7 M) remained 19.3 million below its 50-day average volume of 27.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 15, 2023.
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(END) Dow Jones Newswires
September 15, 2023 16:33 ET (20:33 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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