WestRock Co. Stock Underperforms Monday When Compared To Competitors

James River Group Holdings Ltd

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Financials : Insurance | Small Cap Value
Based in Bermuda

Company profile

James River Group Holdings, Ltd. owns and operates a group of specialty insurance and reinsurance companies. It operates in four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance and Corporate and Other. Excess and Surplus Lines segment offers commercial excess and surplus lines liability and property insurance. Specialty Admitted Insurance segment approaches the insurance market in two ways: as a risk bearing underwriter, and as a fronting company. Its risk bearing underwriting is focused on niche classes within the insurance markets, such as workers’ compensation coverage for residential contractors, light manufacturing operations, transportation workers and healthcare worker. Casualty Reinsurance segment primarily provides proportional and working layer casualty reinsurance to third parties (primarily through reinsurance intermediaries). Corporate and Other segment consists of the management and treasury activities of its holding companies.

WestRock Co. Stock Underperforms Monday When Compared To Competitors

5:29 pm ET June 6, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of WestRock Co. (WRK) slipped 1.38% to $48.59 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.31% to 4,121.43 and the Dow Jones Industrial Average rising 0.05% to 32,915.78. This was the stock's second consecutive day of losses. WestRock Co. closed $10.52 below its 52-week high ($59.11), which the company reached on June 7th.

The stock underperformed when compared to some of its competitors Monday, as International Paper Co. (IP) rose 0.36% to $47.26, Packaging Corp. of America (PKG) rose 1.08% to $160.84, and Mondi PLC ADR rose 2.34% to $39.44. Trading volume (1.7 M) remained 631,720 below its 50-day average volume of 2.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 6, 2022.

(END) Dow Jones Newswires

June 06, 2022 17:29 ET (21:29 GMT)