Packaging Corp. Of America Stock Rises Thursday, Still Underperforms Market

Dow Jones11-22 06:08

DJ Packaging Corp. Of America Stock Rises Thursday, Still Underperforms Market

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

Shares of Packaging Corp. of America $(PKG)$ inched 0.49% higher to $245.30 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 5,948.71 and the Dow Jones Industrial Average rising 1.06% to 43,870.35.

This was the stock's fifth consecutive day of gains.

Packaging Corp. of America closed $3.32 short of its 52-week high ($248.62), which the company achieved on November 20th.

The stock underperformed when compared to some of its competitors Thursday, as International Paper Co. $(IP)$ rose 0.58% to $59.18.

Trading volume (660,390) eclipsed its 50-day average volume of 563,627.

Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 21, 2024 17:08 ET (22:08 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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