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

Dow Jones2024-12-21

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

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

Shares of Packaging Corp. of America $(PKG)$ inched 0.78% higher to $227.98 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.

The stock's rise snapped a five-day losing streak.

Packaging Corp. of America closed $22.84 below its 52-week high ($250.82), which the company reached on November 25th.

The stock underperformed when compared to some of its competitors Friday, as International Paper Co. $(IP)$ rose 1.13% to $54.45.

Trading volume (2.0 M) eclipsed its 50-day average volume of 631,898.

Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 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 20, 2024 17:13 ET (22:13 GMT)

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

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Of America Stock Rises Friday, Still Underperforms Market\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Packaging Corp. of America <a href=\"https://laohu8.com/S/PKG\">$(PKG)$</a> inched 0.78% higher to $227.98 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&amp;P 500 Index  rising 1.09% to 5,930.85 and the Dow Jones Industrial Average  rising 1.18% to 42,840.26. \n</p>\n<p>\n     The stock's rise snapped a five-day losing streak. \n</p>\n<p>\n     Packaging Corp. of America closed $22.84 below its 52-week high ($250.82), which the company reached on November 25th. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Friday, as International Paper Co. <a href=\"https://laohu8.com/S/IP\">$(IP)$</a> rose 1.13% to $54.45. \n</p>\n<p>\n     Trading volume (2.0 M) eclipsed its 50-day average volume of 631,898. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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