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Spectrum Brands (SPB) Plunges 4.91% to March 2023 Low
Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 8, 2025 8:06 pm ET1min read
Spectrum Brands Holdings Inc. (SPB) shares plummeted 4.91% intraday, marking its lowest level since March 2023, with a cumulative decline of 17.50% over the past four days.
Spectrum Brands has seen a significant decline in its stock price over the past six months, with a drop of 24.2% since October 2024. This downward trend has led to a new 52-week low of $69.23 per share, reflecting investor concerns and market sentiment towards the company.
On a specific Friday, the stock price of
experienced a notable decrease of 6.0%, opening at $62.35. This decline was accompanied by a fifty-two-week low of $61.95, indicating a period of sustained weakness in the stock's performance.On a recent Monday,
Inc. (SPB) faced another setback, with its stock price decreasing by 2.56% to $60.92. This continued decline underscores the challenges the company is currently facing, which may include factors such as market competition, regulatory issues, or internal operational difficulties.
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