Newell Brands Inc. stock underperforms Wednesday when compared to competitors
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Summary:
Shares of Newell Brands Inc. NWL, -1.55% slipped 1.55% to $27.97 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.18% falling 0.18% to 4,219.55 and Dow Jones Industrial Average DJIA, -0.44% falling 0.44% to 34,447.14. Newell Brands Inc. closed $2.13 below its 52-week high ($30.10), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Clorox Co. CLX, -0.03% fell 0.03% to $175.70, Tupperware Brands Corp. TUP, -3.73% fell 3.73% to $24.76, and Helen of Troy Ltd. HELE, +1.72% rose 1.72% to $224.74. Trading volume (1.5 M) remained 843,465 below its 50-day average volume of 2.4 M.
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