DJ International Paper Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of International Paper Co. $(IP)$ inched 0.37% higher to $53.84 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
The stock's rise snapped a two-day losing streak.
International Paper Co. closed $6.52 below its 52-week high ($60.36), which the company reached on November 25th.
The stock outperformed some of its competitors Thursday, as Weyerhaeuser Co. $(WY)$ fell 2.68% to $27.21.
Trading volume (3.7 M) remained 911,127 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:15 ET (22:15 GMT)
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