97.64 +1.25 (+1.28%)

PKG does a dead cat bounce, it's still too early to buy into it

7 min read

PACKAGING CORP OF AMERICA was among the best performers on Monday. It returned +1.28% to close at 97.64. On a day when the overall market breadth was 37%, it closed higher than 11% of the market. In comparison, the benchmark SP500 index closed today at +0.1%.

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