Shares of Sealed Air Corp. /zigman2/quotes/208564360/composite SEE +4.77% advanced 3.33% to $68.64 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.45% falling 0.97% to 4,532.76 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.12% falling 0.96% to 35,028.65. The stock's rise snapped a two-day losing streak. Sealed Air Corp. hit a new 52-week high, surpassing its previous peak of $68.54, which the company achieved on January 5th.
The stock outperformed some of its competitors Wednesday, as WestRock Co. /zigman2/quotes/202346656/composite WRK +4.87% rose 1.18% to $46.27, Aptargroup Inc. /zigman2/quotes/201205197/composite ATR +1.08% rose 0.87% to $121.42, and Berry Global Group Inc. /zigman2/quotes/209214500/composite BERY +3.67% rose 1.46% to $73.19. Trading volume (1.6 M) eclipsed its 50-day average volume of 762,636.