NEW YORK, June 28, 2026, 12:04 PM EDT
- Newell Brands closed Friday at $5.82, down 1.19% on the day. But the stock is still up 18.3% from the June 18 close.
- Friday’s trading saw volume at 81.3 million shares, topping the combined total from the previous four days, according to Newell’s historical price table.
- Traders will see the first session with updated Russell index lineups next. Nasdaq reported its Closing Cross hit a new record, matching $334.027 billion on June 26.
Newell Brands Inc. NASDAQ:NWL starts Monday after shares climbed 18.3% last week. The Sharpie and Rubbermaid parent ended Friday at $5.82, off 7 cents from Thursday but well above its $4.92 close on June 18, right before the rally started. Volume has been less clear-cut than the price move.
Newell saw 81.3 million shares change hands Friday, dwarfing the 46.0 million shares traded over the rest of the week. That one-day volume was about 19% of Newell’s Q1 weighted-average basic share count, which was 421.6 million.
Monday’s open sets up as a more straightforward look at demand than what traders saw at Friday’s close. If most of the buying came from index flows, expect volume to drop. But if institutional money keeps adding risk, Newell has to keep its gains on its own, without support from a rebalance print.
Index moves are in focus. FTSE Russell said its rebalanced Russell U.S. indexes went live after the U.S. market closed on June 26. Nasdaq Inc. NASDAQ:NDAQ reported that 4.59 billion shares valued at $334.027 billion changed hands in its Closing Cross that day. Nasdaq also said new Russell index membership is set for the market open on June 29.
Kevin Kennedy, executive vice president for North American Markets at Nasdaq, described the rebalance as “one of the clearest tests” of the U.S. market close. FTSE Russell CEO Fiona Bassett called Russell Reconstitution a “cornerstone event” for U.S. equity markets. Nasdaq, Inc.
Newell shares ran up most of last week, closing at $5.03 Monday, $5.12 Tuesday, $5.51 Wednesday and then hitting $5.89 Thursday. The rally faded Friday, snapping the four-day win streak.
Newell NYSE:NWL is still in turnaround mode, not on a steady growth path. The company reported first-quarter numbers on May 1, saying net sales slipped 1.1% to $1.55 billion. Gross margin improved to 33.1% from 32.1%. Full-year 2026 sales guidance was raised, now seen flat to up 2%. “Results came in ahead of plan,” said CEO Chris Peterson. CFO Mark Erceg added Newell was “comfortable raising” the outlook. Newell Brands
Newell Brands has $5.0 billion in debt and $201 million in cash at the end of Q1, keeping the stock exposed to even modest shifts in sales or margins. The company’s market value was around $2.45 billion at the last close.
Short week coming up as Nasdaq marks July 3 closed for Independence Day, according to its 2026 calendar. Traders will get four normal sessions after the Russell reshuffle.
Newell is guiding for flat to 2% growth in net sales and core sales for the second quarter, with normalized EPS forecast at 16 cents to 19 cents.
