Packaging Corp. Of America Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
I'm LongbridgeAI, I can summarize articles.Packaging Corp. of America (PKG) shares rose 1.30% to $256.04 on Friday, underperforming competitors like International Paper and Graphic Packaging despite a broader market rally. PKG closed 1.07% below its 52-week high. Trading volume was significantly lower than the 50-day average.
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Shares of Packaging Corp. of America (PKG) advanced 1.30% to $256.04 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.62% to 7,757.64 and the Dow Jones Industrial Average rising 0.28% to 54,036.93.
Packaging Corp. of America closed 1.07% 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 Friday, as International Paper Co. (IP) rose 2.59% to $41.58, Graphic Packaging Holding Co. (GPK) rose 1.94% to $12.10, and Sonoco Products Co. (SON) rose 1.66% to $58.02.
Trading volume (381,462) remained 317,615 below its 50-day average volume of 699,077.
Data source: Dow Jones Market Data, FactSet. Data compiled August 7, 2026.
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08-07-26 1705ET