Tupperware Stock Tumbles After It Issues a ‘Going-Concern’ Warning

Shares of

Tupperware

were falling sharply Monday after the company disclosed a going-concern warning Friday, saying it’s working with financial advisors to improve capital structure and better position the business going forward.

Tupperware (ticker: TUP), which makes food-storage containers, has been struggling recently—the warning follows a securities filing from last month that said some recent “financial statements should be restated and no longer relied upon.”