Why These 10 Stocks Soared by Double Digits Today

8. 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.