DJ Packaging Corp. Of America Stock Rises Wednesday, Still Underperforms Market
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Shares of Packaging Corp. of America $(PKG)$ rallied 7.65% to $189.44 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
The stock's rise snapped a four-day losing streak.
Packaging Corp. of America closed 24.47% short of its 52-week high of $250.82, which the company reached on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as International Paper Co. $(IP)$ rose 9.76% to $49.02, Sealed Air Corp. $(SEE)$ rose 12.75% to $26.98, and Graphic Packaging Holding Co. (GPK) rose 4.87% to $24.75.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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(END) Dow Jones Newswires
April 09, 2025 17:09 ET (21:09 GMT)
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