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Why Tupperware Jumped 17.5% Today

TheMotleyFool

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Why Tupperware Jumped 17.5% TodayPhoto, wide shot, wide-angle lens, Restaurant, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/57273392-070f-46de-9297-125616327242.png

Shares of Tupperware (NYSE: TUP) surged 17.5% on Wednesday, and though there was no directly related news to cause the stock to spike, the consumer food storage specialist provided analysts with a presentation yesterday that may have helped push shares higher.

Tupperware met with analysts at the Sidoti Inaugural Virtual Microcap Conference to discuss the investment thesis for the company going forward. Wall Street just might have liked what it heard.

Image source: Tupperware.

Source Fool.com

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