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Shares of International Paper Co. rose 8.2% to $47.91 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 3.3% to 5,844.19 and the Dow Jones Industrial Average rising 2.8% to 42,410.10.
International Paper Co. closed 20.6% below its 52-week high of $60.36, which the company reached on November 25th.
The stock outperformed some of its competitors, as Weyerhaeuser Co. rose 2.9% to $26.97.
Trading volume totaled 6.8 million, compared to the 50-day average of 5.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 12, 2025 16:35 ET (20:35 GMT)
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