Packaging Corp. Of America Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

Dow Jones11-16

DJ Packaging Corp. Of America Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Packaging Corp. of America $(PKG)$ inched 0.09% higher to $235.81 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.

The stock's rise snapped a three-day losing streak.

Packaging Corp. of America closed $9.19 short of its 52-week high ($245.00), which the company achieved on November 6th.

The stock underperformed when compared to some of its competitors Friday, as International Paper Co. $(IP)$ rose 1.97% to $57.58.

Trading volume (579,790) eclipsed its 50-day average volume of 552,414.

Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.

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November 15, 2024 17:08 ET (22:08 GMT)

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