DJ Packaging Corp. Of America Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Packaging Corp. of America $(PKG)$ inched 0.08% higher to $230.17 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
This was the stock's fourth consecutive day of gains.
Packaging Corp. of America closed $2.81 short of its 52-week high ($232.98), which the company achieved on October 31st.
The stock underperformed when compared to some of its competitors Monday, as International Paper Co. $(IP)$ rose 1.49% to $56.60.
Trading volume (652,921) eclipsed its 50-day average volume of 530,569.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 17:09 ET (22:09 GMT)
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