PACKAGING CORP OF AMERICA

170.88 -8.02 (-4.69%)

PKG is a falling knife, continues to bleed every investor trying to catch it

5 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%.

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