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Tupperware Brands is preparing to file for bankruptcy as soon as this week, Bloomberg News reported on Monday, citing people familiar with the matter.
Tupperware Brands Corp. has extended its debt agreement, according to an SEC filing by the beleaguered maker of food-storage containers.
Tupperware Brands said it will close its last remaining manufacturing plant in the U.S. this fall, which will result in more than 100 employees losing their jobs.
Traders are getting excited about penny stocks right now. Keith Gill, a trader more well-known by the alias Roaring Kitty, resurfaced on social media with a tweet of a man holding a video game controller.
Tupperware (NYSE: TUP ) stock may be experiencing a giant short squeeze as the company's shares are heading higher on Tuesday. This comes without any clear news from the consumer brands company.
Iconic home products line producer Tupperware (NYSE: TUP ) is witnessing its share price skyrocket on Monday on no company-specific news. It's likely, then, that the return of the meme-trading phenomenon has catapulted sentiment for otherwise troubled entities.
Another meme stock could be on its way out the door. Tupperware Brands (NYSE: TUP ) stock surged to impressive heights during the Summer of 2023, proving that even retail investors won't be deterred by boring products.
Tupperware Brands warned that the 77-year-old company may not survive for another year.
Tupperware Brands Corp. said Friday it will miss the deadline to file its 2023 annual report amid cascading delays and trouble retaining employees involved in accounting.
There's a simple reason why short-squeeze stocks to buy represent a powerful catalyst: they're intuitive and easier to engage. Buying something and hoping that it appreciates in value represents an organically sensible strategy.