Tupperware stock is up again; here’s why

WFTV.com News Staff,Sarah Kinbar
·1 min read

Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Orlando-based Tupperware Brands Corp. stock climbed by 27.33% on Oct. 11, a day after the company disclosed in a Securities and Exchange Commission filing an amendment to an existing credit agreement. The filing gives the company more time to deliver its annual audited financial statements.

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Tupperware media relations did not immediately respond to a request for comment.

Before this uptick, an artificial intelligence-driven stock analysis website, Stockscan, predicted on Sept. 18 that by January 2024, Tupperware stock would be up by 622.52%. However, the climb has not been steady, with stock prices continually shifting. What’s more, unsteady market conditions have meant that AI’s predictions keep changing, too.

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