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Tupperware - 4 Laurie Ann Goldman - 1 Miguel Fernandez - 1 Fernandez - 1 Goldman - 1 Laurie Ann - 1 Susan Cameron - 1 Tupperware's - 1
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Search resuls for: "Tupperware's"


8 mentions found


☆ Tupperware shares surge after company replaces CEO, shuffles board
  + stars: | 2023-10-17 | by ( Drew Richardson | ) www.cnbc.com   time to read: +1 min
Tupperware products are offered for sale at a retail store in Chicago on April 10, 2023. Tupperware on Tuesday appointed Laurie Ann Goldman as its new CEO and shook up its board as the iconic brand tries to overcome its recent struggles. Goldman's predecessor, Miguel Fernandez, worked just three years as the company's CEO. The container maker also appointed three new members to its board, with Fernandez departing the board, the company said in a statement. "Now is the right time to bring in new leadership, and Laurie Ann is exceptionally well-suited to advance our long-term strategy and accelerate growth," said Susan Cameron, Tupperware's chair.
Persons: Tupperware, Laurie Ann Goldman, Miguel Fernandez, Fernandez, Goldman, Laurie Ann, Susan Cameron, Tupperware's Organizations: Avon North, CNBC Locations: Chicago, Avon North America
☆ Tupperware’s stock price is up nearly 500% in 2 weeks—but think carefully before buying into the hype, says CFP
  + stars: | 2023-08-04 | by ( Cheyenne Devon | ) www.cnbc.com   time to read: +1 min
Lately, it seems that retail traders have been focused on Tupperware. The share price of the iconic food container brand has seen a meteoric rise over the past two weeks. That's up nearly 480% from when its stock price hit a 52-week low of $0.61 per share on July 20. Tupperware's rapid rise is being fueled by retail traders who are buying up the stock and driving the price higher, according to Barron's. Other well-known companies have experienced similar boosts in the past, thanks to retail traders too.
Persons: Tupperware Organizations: GameStop, AMC Entertainment
☆ Meme stock Tupperware jumps as debt restructuring deal fires up retail army
  + stars: | 2023-08-04 | by ( Medha Singh Savyata Mishra | Medha Singh | Savyata Mishra | ) www.reuters.com   time to read: +2 min
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File PhotoAug 4 (Reuters) - Shares of Tupperware Brands (TUP.N) surged 44% on Friday, after the kitchen storage container maker finalized a debt restructuring deal as it attempts a turnaround of its business, reinvigorating retail investors' interest in the company. It was the seventh most traded stock by retail investors at 10:00 a.m. The share gains were reminiscent of eye watering "meme stocks" rallies, where retail investors coordinate on social media and typically focus their speculative bets on companies that were financially struggling or had high short interest. Tupperware was the second most actively traded single stock by retail traders over the past week, according to a J.P.Morgan note.
Persons: Brendan McDermid, Tupperware, Bartosz, stocktwits.com, Peter Earle, Medha Singh, Savyata Mishra, Krishna Chandra Organizations: New York Stock Exchange, REUTERS, Tupperware Brands, American Institute for Economic Research, American, Corp, Thomson Locations: New York City, U.S, Florida, Bengaluru
☆ Stock Market Today: Nasdaq, Dow Close Lower as Earnings Continue; U.S. Credit Downgraded
  + stars: | 2023-08-02 | by ( ) www.wsj.com   time to read: +1 min
Stocks finished lower as investors parsed earnings and stronger-than-expected employment data and Fitch downgraded the U.S.'s credit rating . “Earnings are coming in a bit more lackluster.”Companies reporting earnings early Wednesday included CVS Health, Humana, Kraft Heinz and Carlyle Group . Stocks fell. The Dow, S&P 500 and Nasdaq notched declines, with the Nasdaq off more than 2%. The 30-year yield also finished at its highest level since November.
Persons: Stocks, Fitch, ”, Laura Cooper, Kraft Heinz, Dow, Brent Organizations: BlackRock, ”, CVS Health, Humana, Kraft, Carlyle Group, Nasdaq, Devices, Treasury, Global Locations: U.S
☆ Odds might favor bankruptcy in Tupperware's case, says Jim Cramer
  + stars: | 2023-08-01 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Odds might favor bankruptcy in Tupperware's case, says Jim Cramer'Mad Money' host Jim Cramer takes a closer look at Tupperware after stocks recent surge.
Persons: Jim Cramer
☆ Tupperware might just be the latest meme stock after its shares tripled in a week
  + stars: | 2023-07-29 | by ( Ryan Hogg | Jyoti Mann | ) www.businessinsider.com   time to read: +4 min
Tupperware might be the latest meme stock after more than tripling in value within a week. Shares in the embattled food container maker more than tripled since July 20 to just over $3, leaving many to wonder whether it might be the latest "meme stock." According to data from Marketwatch, 27% of Tupperware shares that are available to trade have been "shorted" by investors. The amount of short interest in Tupperware has indeed fallen more than a quarter this year amid apparent interest from retail investors. On r/WallStreetBets, the birthplace of the meme stock craze, members were giddily comparing the stock to Bed Bath & Beyond, the now-bankrupt homeware chain that had captivated certain investors since 2021.
Persons: Earl Tupper, didn't, Neil Saunders, Saunders, I've, Tupperware Organizations: Marketwatch, Orlando Business Journal, BlackRock, Orlando Business, Bed Locations: freefall, Tupperware
☆ Tupperware's stock extends recent rally, up 300% in 5 trading days
  + stars: | 2023-07-27 | by ( Caroline Valetkevitch | ) www.reuters.com   time to read: +2 min
The stock gains have come despite signs earlier this year of problems for Florida-based Tupperware Brands Corp. Tupperware's stock on Thursday was also among the most watched tickers on retail-investor-focused Stocktwits.com, with an "extremely bullish" sentiment score. The sharp, unexplained gains echo those seen in Bed Bath & Beyond (BBBYQ.PK) before it filed for bankruptcy and other "meme" stocks known for their sudden popularity with retail investors. Also like other "meme" shares, Tupperware's stock is highly shorted. Even with the recent gains, Tupperware's stock is down about 30% for the year to date.
Persons: Caroline Valetkevitch, Susan Heavey Organizations: YORK, Tupperware Brands Corp, Moelis, Investors, Thomson Locations: Florida, Bath
☆ Tupperware wants to jump from grandma’s cupboard into the cool kids’ homes
  + stars: | 2022-10-22 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +5 min
New York CNNBusiness —Tupperware wants to be where the cool kids play. That means shedding its throwback to its Mad Men-era image, and positioning Tupperware products as buzz-worthy, high-utility and with an environmentally-friendly purpose. Another idea is to collaborate with a fridge manufacturer to have a line of refrigerators that come outfitted with Tupperware storage containers inside. Tupperware containers, in a way, also could be helping to also reduce food waste. “We’d like to think those were many meals that were stored in the fridge in Tupperware products.”
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