Packaging Corp. Of America Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Packaging Corp. of America (PKG) shares fell 1.50% to $249.43, outperforming competitors like International Paper and Graphic Packaging during a broader market decline. The stock closed 3.62% below its 52-week high, with trading volume exceeding the 50-day average.
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Shares of Packaging Corp. of America (PKG) slipped 1.50% to $249.43 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.52% to 7,316.15 and Dow Jones Industrial Average falling 2.19% to 51,594.14.
Packaging Corp. of America closed 3.62% below its 52-week high of $258.81, which the company achieved on July 28th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as International Paper Co. (IP) fell 3.29% to $42.64, Graphic Packaging Holding Co. (GPK) fell 2.75% to $11.33, and Sonoco Products Co. (SON) fell 2.61% to $58.98.
Trading volume (928,459) eclipsed its 50-day average volume of 703,897.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2026.
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07-29-26 1706ET