Packaging Corp. Of America Stock Underperforms Thursday When Compared To Competitors
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Shares of Packaging Corp. of America (PKG) fell 1.49% to $223.43 on Thursday, amid a broader market decline with the S&P 500 down 0.38% and the Dow Jones down 0.63%. This decline ended a two-day winning streak for the stock, which is now 10.45% below its 52-week high of $249.51. Competitors also saw losses, with International Paper Co. down 1.31%, Graphic Packaging down 1.52%, and Sonoco Products down 1.13%. Trading volume was significantly below the 50-day average.
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