- Tupperware might be the latest meme stock after more than tripling in value within a week.
- The troubled food storage brand is battling sliding sales and a $700 million debt mountain.
- But redditors on popular trading groups are bigging up the stock and boasting about their stakes.
Tupperware is in trouble. Mired in debt, fighting sliding sales, and a share price in freefall, the brand established by Earl Tupper in 1946 looks to be on its last legs.
However, it seems a few investors didn’t get the memo.
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