TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  The Motley Fool

Wealth Firm Dumps $8.5 Million in Newell Brands as Stock Drops 63% in One Year

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
Wealth Firm Dumps $8.5 Million in Newell Brands as Stock Drops 63% in One Year

Financial Sense Advisors sold 1.6 million shares of Newell Brands in Q3, reducing its stake by $8.5 million due to ongoing performance challenges in the consumer products market.

Insights
NWL   negative

Stock dropped 63% in one year, experienced 7.2% net sales decline in Q3, facing weak international demand and retailer inventory reductions