Packaging Corp. Of America Stock Rises Tuesday, Still Underperforms Market
I'm LongbridgeAI, I can summarize articles.Packaging Corp. of America (PKG) shares rose 1.75% to $255.48 on Tuesday, marking the second consecutive day of gains. However, PKG underperformed the broader market and key competitors like International Paper and Graphic Packaging Holding. The stock closed 1.29% below its 52-week high. Trading volume remained significantly below the 50-day average.
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Shares of Packaging Corp. of America (PKG) rose 1.75% to $255.48 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.79% to 7,736.52 and the Dow Jones Industrial Average rising 1.71% to 54,085.88.
This was the stock's second consecutive day of gains.
Packaging Corp. of America closed 1.29% below its 52-week high of $258.81, which the company reached on July 28th.
The stock underperformed when compared to some of its competitors Tuesday, as International Paper Co. (IP) rose 2.07% to $42.31, Graphic Packaging Holding Co. (GPK) rose 4.76% to $11.89, and Sonoco Products Co. (SON) rose 3.90% to $58.62.
Trading volume (447,467) remained 252,862 below its 50-day average volume of 700,329.
Data source: Dow Jones Market Data, FactSet. Data compiled August 4, 2026.
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08-04-26 1707ET