DJ Packaging Corp. Of America Stock Outperforms Competitors Despite Losses On The Day
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Shares of Packaging Corp. of America $(PKG)$ slid 6.06% to $189.16 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
The stock's fall snapped a three-day winning streak.
Packaging Corp. of America closed 24.58% below 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 Thursday, as International Paper Co. $(IP)$ fell 9.70% to $49.18, Sealed Air Corp. $(SEE)$ fell 6.85% to $27.08, and Graphic Packaging Holding Co. (GPK) fell 0.57% to $26.15.
Trading volume (1.5 M) eclipsed its 50-day average volume of 942,148.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 17:07 ET (21:07 GMT)
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