Packaging Corp. Of America Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.Packaging Corp. of America (PKG) shares rose 2.14% to $251.09, outperforming the broader market's gains and snapping a three-day losing streak. While PKG lagged behind competitors like Graphic Packaging Holding Co., which surged 5.78%, it remained close to its 52-week high. Trading volume was below the 50-day average.
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Shares of Packaging Corp. of America (PKG) advanced 2.14% to $251.09 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.48% to 7,600.50 and the Dow Jones Industrial Average rising 1.32% to 53,178.41.
The stock's rise snapped a three-day losing streak.
Packaging Corp. of America closed 2.98% short of its 52-week high of $258.81, which the company reached on July 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as International Paper Co. (IP) rose 1.52% to $41.45, Graphic Packaging Holding Co. (GPK) rose 5.78% to $11.35, and Sonoco Products Co. (SON) rose 0.11% to $56.42.
Trading volume (640,060) remained 65,498 below its 50-day average volume of 705,558.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2026.
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08-03-26 1706ET