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Newell Brands Inc faced a sharp decline over the past five days, falling 2.57 USD, or 26.49%, to close at 7.13 USD on February 7 at 7:52 PM GMT-5. The stock witnessed negative momentum after the company expressed that it is expecting a decrease in sales in 2025 .
During the latest trading session, Newell Brands opened at 7.68 USD, attempting to hold its ground after recent losses. However, it struggled to gain momentum, reaching a session high of 7.73 USD. The stock dropped to an intraday low of 6.86 USD, highlighting volatility in the market.
After-hours trading showed a marginal rebound, with the stock rising 0.03 USD, or 0.42%, to 7.16 USD. Newell Brands maintained a market capitalization of 296.61Cr, reflecting its current valuation in the consumer goods sector. The stock faced significant resistance near 7.73 USD, where selling pressure intensified, while support around 6.86 USD helped stabilize its price.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.