Tupperware issues a going concern warning.  Stock falls.


Actions of

tupperware


They fell sharply on Monday after the company disclosed a going concern warning on Friday, saying it is working with financial advisers to improve the capital structure and better position the business going forward.

Tupperware (ticker: TUP), which makes food storage containers, has been in trouble recently: The warning follows a securities filing last month that said some “recent financial statements need to be restated and no longer relied on.”

By Admin