DJ Packaging Corp. Of America Stock Outperforms Competitors Despite Losses On The Day
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Shares of Packaging Corp. of America $(PKG)$ slipped 1.44% to $190.79 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
This was the stock's second consecutive day of losses.
Packaging Corp. of America closed 23.93% below its 52-week high of $250.82, which the company achieved on November 25th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as International Paper Co. $(IP)$ fell 2.70% to $48.66, Sealed Air Corp. $(SEE)$ fell 1.73% to $31.76, and Graphic Packaging Holding Co. (GPK) fell 1.98% to $22.81.
Trading volume (558,831) remained 368,027 below its 50-day average volume of 926,858.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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(END) Dow Jones Newswires
May 21, 2025 17:12 ET (21:12 GMT)
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