Shares of Newell Brands Inc. NWL, -3.96% shed 3.96% to $15.05 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +2.46% rising 2.46% to 3,901.06 and the Dow Jones Industrial Average DJIA, +2.59% rising 2.59% to 32,861.80. This was the stock’s second consecutive day of losses. Newell Brands Inc. closed $11.40 below its 52-week high ($26.45), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Friday, as Clorox Co. CLX, +3.55% rose 3.55% to $148.14, Tupperware Brands Corp. TUP, +5.70% rose 5.70% to $7.42, and Helen of Troy Ltd. HELE, +3.15% rose 3.15% to $95.03. Trading volume (8.5 M) eclipsed its 50-day average volume of 3.3 M.