International Paper Co. Stock Outperforms Competitors On Strong Trading Day
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International Paper Co. (IP) shares rose 5.11% to $30.88 on a strong trading day, outperforming competitors like Weyerhaeuser Co. (WY), which increased by 1.53%. The S&P 500 Index and Dow Jones Industrial Average also saw gains of 1.08% and 1.31%, respectively. Despite the rise, IP remains 44.98% below its 52-week high of $56.13 from July 29th. Trading volume was 6.6 million, below the 50-day average of 7.1 million.
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