Tupperware stock surges 41% after earnings

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Tupperware stock is surging more than 40% after earnings from housewares maker

Tupperware Brands Inc. TUP, +35.62% stock surged a whopping 41% in Wednesday trading after third-quarter profit and sales beat consensus and increased year-over-year.

Chief Executive Miguel Fernandez credited increased home cooking and the need for food storage during the coronavirus pandemic for the results. The broader Dow Jones Industrial Average DJIA, -2.89% plunged 683 points on Wednesday, down 2.5%. Tupperware shares have skyrocketed 248% for the year to date while the Dow is down 6.1% and the S&P 500 index SPX, -2.84% is up 2.4%.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

And they wanted to ban plastic worldwide to improve the environment.

Yay, more plastic, landfills of lids.

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