What's Going On With Tupperware Brands Stock Tuesday?

Tupperware Brands Corp (NYSE:TUP) shares are in the spotlight again on Tuesday after the stock fell nearly 60% late Monday on reports suggesting the company is preparing for bankruptcy.

What Happened: According to a Bloomberg report citing people with knowledge of the plans, Tupperware Brands is planning to file for bankruptcy as soon as this week.

The report indicates that the home-goods brand breached its debt terms and has tapped legal and ...