Packaging Corp. Of America Stock Sheds 3.3%, Underperforms Market

Dow Jones
06 May

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Packaging Corp. of America slid 3.3% to $181.22 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.6% to 5,650.38 and Dow Jones Industrial Average falling 0.2% to 41,218.83.

Packaging Corp. of America closed 27.7% 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, as International Paper Co. fell 3.4% to $44.27, Sealed Air Corp. fell 1.7% to $27.53, and Graphic Packaging Holding Co. rose 1.42% to $22.12.

Trading volume totaled 1.0 million, compared to the 50-day average of 967,381.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 05, 2025 16:35 ET (20:35 GMT)

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