Packaging Corp. Of America Stock Outperforms Competitors On Strong Trading Day
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Shares of Packaging Corp. of America (PKG) rose 4.73% to $222.59 on a challenging trading day for the stock market, outperforming competitors like International Paper Co. (IP) and Graphic Packaging Holding Co. (GPK). The stock's rise ended a two-day losing streak, although it remains 10.79% below its 52-week high of $249.51. Trading volume reached 1.5 million, surpassing its 50-day average of 1.0 million.
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