DJ Packaging Corp. Of America Stock Rises Monday, Still Underperforms Market
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Shares of Packaging Corp. of America $(PKG)$ inched 0.53% higher to $227.08 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
This was the stock's fourth consecutive day of gains.
Packaging Corp. of America closed $23.74 short of its 52-week high ($250.82), which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Monday, as International Paper Co. $(IP)$ rose 1.23% to $53.50.
Trading volume (794,991) eclipsed its 50-day average volume of 690,889.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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(END) Dow Jones Newswires
January 06, 2025 17:13 ET (22:13 GMT)
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