PKG is a falling knife, continues to bleed every investor trying to catch it
23 Apr, 20245 min read
PACKAGING CORP OF AMERICA was among the worst performers on Tuesday. It delivered -4.69% to close at 170.88. On a day when the overall market breadth was 44%, it closed higher than 60% of the market. In comparison, the benchmark SP500 index closed today at +1.2%.