2023-07-27 12:50:56 ET
The bouncy trading on Tupperware Brands Corporation ( NYSE: TUP ) continued on Thursday as the highly-shorted stock made another monster move in early afternoon action, without any specific news announcements being released by the company to account for the buying frenzy.
Shares of Tupperware Brands ( TUP ) soared 65.79% to jump back over the $3.00 level for the first time since March. However, the week-long rally has not pushed the stock to anywhere close to the $20 a share level it traded at in the first half of 2022.
Volume on Tupperware Brands ( TUP ) was over 158M shares with three hours of trading still left, which is more than double the number of shares outstanding.
More on Tupperware Brands:
- Tupperware: A 'Final' Analysis And Autopsy (Rating Downgrade)
- More articles from Seeking Alpha analysts
- Tupperware Brands earnings estimates
For further details see:
Tupperware shoots up 66% as recent rally continues