Shares of Newell Rubbermaid Inc. NWL are higher on the session by 1.68%, currently trading $16.94. The stock has been a relative outperformer as of late and has managed to regain the 50-day moving average.
The stock was subject to mild takeover rumors earlier in the day.
Calls are being purchased on the name today as well with the June $17.50 call trading 7,700 times and the June $20 call trading over 2,100 times. The July $20 call was also purchased 2,800 times today.
Newell Rubbermaid Inc. is a global marketer of consumer and commercial products.
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