Why Newell Brands Stock Jumped on Friday
Newell Brands(NWL) The Motley Fool·2024-04-27 17:06The company had some encouraging news for shareholders Friday morning.Newell Brands (NWL 12.25%) investors had a great end to their week. The consumer staples company's shares jumped 10% in early Friday trading. That's as compared to a 1.2% rally in the S&P 500. The boost only erased some of Newell Brands' recent losses, though. Shares remain down 10.3% so far in 2024 compared to a 6.9% increase in the wider market.Friday's rally was sparked by positive news on Newell Brands' earnings trends.The good newsMa ...