Tupperware Brands Corp.’s stock
TUP,
surged 41.4% Wednesday in its second major rally of the week. Shares of the beleaguered maker of iconic containers ended Monday’s session up 75.6%, on no apparent news, marking their largest one-day percentage gain. The stock then pulled back to end Tuesday’s session down 15.8%, before rallying again Wednesday. Tupperware’s recent trading activity is reminiscent of spikes in other names also recently seen as “left-for-dead.”
