DJ Packaging Corp. Of America Stock Outperforms Competitors Despite Losses On The Day
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Shares of Packaging Corp. of America $(PKG)$ shed 0.61% to $238.34 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's second consecutive day of losses.
Packaging Corp. of America closed $6.66 short of its 52-week high ($245.00), which the company reached on November 6th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as International Paper Co. $(IP)$ fell 1.62% to $56.38.
Trading volume (525,044) remained 26,854 below its 50-day average volume of 551,898.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 17:08 ET (22:08 GMT)
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