Tupperware Stock Surges to Build on July Gains

Must read

You Can Still Shop Taylor Swift’s Bejeweled Mejuri Ring — See It Here

Photo: Patrick Smith/Getty ImagesAt Refinery29, we’re here to help you navigate this overwhelming world of stuff. All of our market picks are independently selected...

Discover the Latest Innovations in Digital Through Strive25 Marketing

Strive25 Marketing is always on the lookout for new and exciting trends in digital marketing. However, we also stay up-to-date with the latest advancements...

Your Online Dating Profile Photos Are Hurting Your Dating Life: How to Fix It

Online dating has revolutionized how we meet people, and we believe it’s here to stay. That means that first impressions are formed in a...
Live Coverage Feed

Tupperware Stock Surges to Build on July Gains

Shares of Tupperware jumped more than 25% in Tuesday trading, continuing a meteoric rally that has more than quadrupled the value of the stock since the start of July.

The gains are reminiscent of the meme-stock mania that swept markets in recent years, when a speculative frenzy sent shares of struggling mall retailers spiraling. Tupperware’s stock, worth less than $1 in early July, recently traded above $5.

Options activity has surged, as has retail trading in the shares. Some of the most actively-traded options bets yesterday were those pegged to the shares jumping to $5 or $7.50, Cboe Global Markets data show. Retail buying in the shares jumped to a record, according to Vanda Research.

More articles

Latest article

An Urban Outfitters Trend Guide To The Best Y2K Fashion

Photo: Courtesy of Urban Outfitters.Whether you actually lived through the 2000s or are living vicariously through the decade via TikTok OOTD videos and style...

House Republican Admits Biden Impeachment Is A Fraud To Help Trump

House Republicans are planning to drag the impeachment investigation out until next year’s conventions to distract from Trump’s indictments and criminal charges....

Let’s All Live In The METALLICA Apartment Building

There's an apartment building in the city of Mersin, Türkiye that's...

MICK MARS Is Already Working On Second Solo Record

Mick Mars was in the spotlight with his former band Mötley...

Data Center Specialist Supermicro Sees Stock Surge Higher

Shares of data center specialist Super Micro Computer (SMCI), also known as Supermicro, rose Monday in heavy volume. SMCI stock cleared two buy...