DJ Packaging Corp. Of America Stock Outperforms Competitors Despite Losses On The Day
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Shares of Packaging Corp. of America $(PKG)$ sank 0.40% to $247.03 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.38% to 5,998.74 and Dow Jones Industrial Average falling 0.31% to 44,722.06.
The stock's fall snapped an eight-day winning streak.
Packaging Corp. of America closed $3.79 short of its 52-week high ($250.82), which the company reached on November 25th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as International Paper Co. $(IP)$ fell 1.23% to $58.38.
Trading volume (350,168) remained 224,847 below its 50-day average volume of 575,015.
Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2024.
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November 27, 2024 17:08 ET (22:08 GMT)
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