What's Going On With Tupperware Brands Stock?
Portfolio Pulse from Ryan Gustafson
Tupperware Brands Corporation (NYSE:TUP) shares are trading higher amid growing retail investor interest, associated with a rally in AMC Entertainment (NYSE:AMC) stock. Despite a pullback in AMC shares, Tupperware stock has continued to soar on increased momentum. Tupperware also has high short interest with 27.06% of shares currently sold short. The company is set to report second quarter earnings on Aug. 7.
July 26, 2023 | 7:38 pm
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POSITIVE IMPACT
Tupperware's stock is soaring due to increased retail investor interest and high short interest. The company's Q2 earnings report is due on Aug. 7.
The increased retail investor interest and high short interest are driving Tupperware's stock price up. The upcoming Q2 earnings report could further impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
AMC Entertainment's stock rally has influenced the rise in Tupperware's stock. However, AMC's shares have since pulled back.
AMC's stock rally has influenced the rise in Tupperware's stock. However, the pullback in AMC's shares could potentially impact other stocks associated with it.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50