Why Newell Brands Inc. (NWL) Soared Today

We recently published a list of Why These 10 Stocks Soared by Double Digits Today. In this article, we are going to take a look at where Newell Brands Inc. (NASDAQ:NWL) stands against other stocks that soared by double digits today.

The stock market kicked off the trading week brimming with optimism after the US and China announced a tariff truce on each other’s goods.

The tech-heavy Nasdaq booked the largest gains among the three major indices, rallying 4.85 percent. The S&P 500 followed with a 3.26-percent increase, and the Dow Jones, with 2.81 percent.

Over the weekend, the US and China reached a 90-day deal to lower tariffs on each other’s imports. US taxes on Chinese imports will drop to 30 percent from 145 percent previously, while China’s tariffs on US imports will drop to 10 percent from 125 percent earlier.

Beyond the major indices, 10 companies finished the week stronger, booking double-digit gains during the day. In this article, we name Monday’s 10 top performers and detail the reasons behind their strong performance.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

A technician inspecting a commercial kitchen appliance in a factory line.

Newell Brands Inc. (NASDAQ:NWL)

Newell Brands Inc. saw its share prices jump as high as 17.43 percent at intra-day trading on Monday before ending the day up by 15.13 percent at $6.01 apiece following news that it plans to raise as much as $1 billion in fresh funds through a private offer.

According to the company, part of the proceeds will be used to redeem $1 billion worth of outstanding senior notes due in 2026, while the balance will be allocated for payments of related fees and expenses in connection with the offering and redemption.

In other recent news, Newell Brands Inc. (NASDAQ:NWL) declared a quarterly cash dividend of 7 cents per share for all common stockholders as of record date May 30, 2025. The dividends are payable on June 13, 2025.

Newell Brands (NASDAQ: NWL) is one of the leading global consumer goods companies that owns brands, namely Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer’s, Oster, NUK, Spontex, and Campingaz.

Overall, NWL ranks 8th on our list of stocks that soared by double digits today. While we acknowledge the potential of NWL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NWL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.