Tupperware stock surging despite warning of business failure. Why? - National | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Tupperware stock surging despite warning of business failure. Why?

In April, the 77-year-old firm said it was in danger of going out of business if it could not raise new financing, being weighed down by a US$705 million debt burden and slumping sales. The news sent its stock down by nearly 50 per cent shortly afterward.

“What’s going on in the stock market with Tupperware is very different from what’s happening from Tupperware’s business fundamentals,” said Stephen Foerster, a finance professor at Western University’s Ivey Business School.Tupperware earned a reputation in the 1950s and 1960s as an innovator of kitchen solutions, when it introduced its plastic, air-tight food containers and began marketing them through “Tupperware parties” directly in consumers’ homes.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 81. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Business owners struggling to pay back COVID-19 loans with rising operating costs - National | Globalnews.caSmall businesses are pushing to extend the payment deadline for COVID-19 pandemic relief loans, but the federal government does not appear to be budging on the year-end deadline.
출처: GlobalNational - 🏆 81. / 51 더 많은 것을 읽으십시오 »