Tupperware stock surges 41% after earnings

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Tupperware Brands Inc. stock surged a whopping 41% in Wednesday trading after third-quarter profit and sales beat consensus and increased year-over-year. Chief Executive Miguel Fernandez credited increased home cooking and the need for food storage during the coronavirus pandemic for the results. The broader Dow Jones Industrial Average plunged 683 points on Wednesday, down 2.5%. Tupperware shares have skyrocketed 248% for the year to date while the Dow is down 6.1% and the S&P 500 index is up 2.4%.
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