DJ International Paper Co. Stock Outperforms Competitors Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of International Paper Co. $(IP)$ slid 2.90% to $53.64 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
International Paper Co. closed $6.72 below its 52-week high ($60.36), which the company achieved on November 25th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Weyerhaeuser Co. $(WY)$ fell 4.83% to $27.96.
Trading volume (2.9 M) remained 1.8 million below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 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
December 18, 2024 17:10 ET (22:10 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments