DJ Packaging Corp. Of America Stock Outperforms Competitors On Strong Trading Day
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Shares of Packaging Corp. of America $(PKG)$ advanced 3.86% to $241.59 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's sixth consecutive day of gains.
Packaging Corp. of America hit a new 52-week high, surpassing its previous peak of $232.98, which the company achieved on October 31st.
The stock outperformed some of its competitors Wednesday, as International Paper Co. $(IP)$ rose 2.21% to $58.83.
Trading volume (756,057) eclipsed its 50-day average volume of 539,407.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:09 ET (22:09 GMT)
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