Shares of Packaging Corp. of America /zigman2/quotes/207413697/composite PKG +2.23% slipped 0.04% to $135.91 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +2.47% rising 0.92% to 4,713.07 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.76% rising 0.51% to 36,252.02. This was the stock's second consecutive day of losses. Packaging Corp. of America closed $20.63 below its 52-week high ($156.54), which the company achieved on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as International Paper Co. /zigman2/quotes/200533549/composite IP +1.29% fell 0.10% to $48.52, WestRock Co. /zigman2/quotes/202346656/composite WRK +3.46% rose 0.79% to $45.94, and Graphic Packaging Holding Co. /zigman2/quotes/203517136/composite GPK +4.66% fell 0.31% to $19.43. Trading volume (503,808) remained 181,860 below its 50-day average volume of 685,668.