Packaging Corp. Of America Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Packaging Corp. of America (PKG) shares rose 1.06% to $222.55 on Friday, despite a poor overall market performance, with the S&P 500 and Dow Jones falling. This marks the second consecutive day of gains for PKG, although it remains 3.71% below its 52-week high of $231.12. In comparison, competitors like International Paper Co. (IP) and Sealed Air Corp. (SEE) saw larger gains. Trading volume for PKG was 1.7 million, surpassing its 50-day average of 882,845 shares.
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