International Paper Co. Stock Underperforms Thursday When Compared To Competitors
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Shares of International Paper Co. (IP) fell 1.19% to $31.60 on Thursday, marking its second consecutive day of losses, despite a positive trading session for the overall market. The S&P 500 Index rose 0.77%, while the Dow Jones Industrial Average increased by 0.75%. International Paper's stock is currently 43.70% below its 52-week high of $56.13. In contrast, competitor Weyerhaeuser Co. (WY) saw a rise of 1.08% to $23.35. Trading volume was below the 50-day average.
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