DJ Packaging Corp. Of America Stock Outperforms Competitors Despite Losses On The Day
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Shares of Packaging Corp. of America $(PKG)$ dropped 0.33% to $179.29 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
Packaging Corp. of America closed $11.98 below its 52-week high ($191.27), which the company reached on April 9th.
Despite its losses, the stock outperformed some of its competitors Monday, as International Paper Co. $(IP)$ fell 1.72% to $34.76.
Trading volume (664,232) eclipsed its 50-day average volume of 647,398.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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(END) Dow Jones Newswires
April 22, 2024 17:15 ET (21:15 GMT)
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