Newell Brands Inc. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Newell Brands Inc. (NWL) shares fell 8.66% to $5.06 on Wednesday, underperforming competitors like Procter & Gamble and Clorox during a broader market decline. This marks the stock's fifth consecutive day of losses, leaving it 23.74% below its 52-week high. Trading volume reached 11.7 million, exceeding the 50-day average.
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Shares of Newell Brands Inc. (NWL) shed 8.66% to $5.06 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.28% to 7,482.71 and Dow Jones Industrial Average falling 1.09% to 52,348.39.
This was the stock's fifth consecutive day of losses.
Newell Brands Inc. closed 23.74% short of its 52-week high of $6.64, which the company reached on September 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Procter & Gamble Co. (PG) fell 2.85% to $148.40, Clorox Co. (CLX) fell 3.59% to $93.91, and Avery Dennison Corp. (AVY) fell 3.89% to $157.95.
Trading volume (11.7 M) eclipsed its 50-day average volume of 11.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2026.
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07-08-26 1724ET