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Tupperware Pops with 800% rush like Mimi Commerce Burns Shorts
(Bloomberg) — Tupperware Manufacturers Corp. has been warning for months that it may collapse, however that is not stopping retail buyers from sparking a shocking rally paying homage to the pandemic-era fairness frenzy. Most Learn from Bloomberg The favored meals storage container firm has surged greater than 800% over the previous two weeks as buyers piled into the inventory, angering quick sellers and sparking pleasure throughout retailer platforms. The insanity reveals that the inventory meme phenomenon, which has fueled rallies throughout undersold firms like GameStop Corp. In 2021 and led to the demise of hedge fund Melvin Capital, it did
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SoFi’s earnings despatched the inventory flying. Why are shares nonetheless getting discounted?