Newell Brands stock surges on Q2 earnings beat, raised guidance
Shares of Newell Brands (NWL) are surging after topping second quarter earnings expectations and raising its forecast for the year. In the release, Newell Brands Chief Financial Officer Mark Erceg says, "While the macroeconomic environment remains choppy, the transformation of our business is clearly underway, which has given us confidence to improve our financial outlook for the year."
Market Domination Hosts Julie Hyman and Josh Lipton break down the earnings and its stock valuation.
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This post was written by Melanie Riehl