Newell Stock Plunges After Sharpie Maker Cuts Outlook and Says Tariffs Hurt Demand

Published 1 week ago Negative
Newell Stock Plunges After Sharpie Maker Cuts Outlook and Says Tariffs Hurt Demand
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Shares in Newell Brands plunged Friday, dropping more than 30%, after the company cut its full-year earnings outlook and reported third-quarter sales that came below expectations. It now expects full-year net sales to be down 4.

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