DJ Packaging Corp. Of America Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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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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(END) Dow Jones Newswires
November 15, 2024 17:08 ET (22:08 GMT)
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