Why Is Spectrum Brands Holdings, Inc. (NYSE: SPB) Stock Down Today?

Spectrum Brands Holdings, Inc. (NYSE: SPB) Summary

Spectrum Brands Holdings, Inc. (NYSE: SPB) is trading down -1.42% at $78.32, reflecting a negative shift in investor sentiment today. The stock opened at $80.29 and has moved between $77.97 and $80.29 so far.

Trading volume is 385116, which is 17% above its average, and the price action suggests selling interest.

Technically, SPB on the NYSE is trading below its 50-day moving average of $87.24 and below its 200-day moving average of $78.67, indicating short-term and long-term weakness.

Analyst sentiment is bullish. Meyka's AI assigns SPB a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +10.21% in 1 month ($86.32), -7.95% in 1 year ($72.09), and -17.37% in 5 years ($64.72).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NYSE.
Stay informed and make better investment decisions.