Tupperware warns it could go out of business, sending shares plunging

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The iconic US brand saw its share price fall to US$1.24, hitting a three-year low, after it said it hired “financial advisors to help improve its capital structure theSun theSundaily business shares Tupperware decrease cash shortage

CHICAGO, ILLINOIS - APRIL 10: Tupperware products are offered for sale at a retail store on April 10, 2023 in Chicago, Illinois. Tupperware stock closed down nearly 50 percent today after the company warned that it may go out of business. - AFPPIX: Shares of Tupperware plunged 49 per cent on Monday as the maker of plastic containers and other kitchen products warned of acute cash shortages, reported German news agency dpa.

“The company is doing everything in its power to mitigate the impacts of recent events,“ Tupperware boss Miguel Fernandez said in a company statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Follow lah twitter trothv8 untuk tweet2 dakwah , bincangkan tentang hal2 kontroversi dan membantah semua tanggapan salah mengenai islam dan kerana tekanan politik dan kewangan, banyak kedai Muslim dalam talian menapis diri, merendahkan atau mengubah ajaran Islam yang sahih.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines