Worldwide Paper Co. inventory falls Thursday, underperforms market

Revealed: Feb. 9, 2023 at 5:01 p.m. ET

Shares of Worldwide Paper Co. IP slipped 2.71% to $38.37 Thursday, on what proved to be an all-around grim buying and selling session for the inventory market, with the S&P 500 Index SPX falling 0.88% to 4,081.50 and Dow Jones Industrial Common DJIA falling 0.73% to 33,699.88. This was the inventory’s fifth consecutive day of losses. Worldwide Paper Co. closed $11.86 under its 52-week excessive ($50.23), which the corporate reached on April twenty first.

The inventory underperformed when in comparison with a few of its opponents Thursday, as Weyerhaeuser…

Shares of Worldwide Paper Co.

IP

slipped 2.71% to $38.37 Thursday, on what proved to be an all-around grim buying and selling session for the inventory market, with the S&P 500 Index

SPX

falling 0.88% to 4,081.50 and Dow Jones Industrial Common

DJIA

falling 0.73% to 33,699.88. This was the inventory’s fifth consecutive day of losses. Worldwide Paper Co. closed $11.86 under its 52-week excessive ($50.23), which the corporate reached on April twenty first.

The inventory underperformed when in comparison with a few of its opponents Thursday, as Weyerhaeuser Co.

WY

fell 0.68% to $33.81. Buying and selling quantity (3.6 M) eclipsed its 50-day common quantity of three.2 M.


Editor’s Be aware: This story was auto-generated by Automated Insights, an automation expertise supplier, utilizing knowledge from Dow Jones and FactSet. See our market knowledge phrases of use.

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