WestRock Co. Stock Falls Friday, Underperforms Market
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Shares of WestRock Co. (WRK) slid 4.63% to $45.12 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.91% to 3,900.86 and Dow Jones Industrial Average falling 2.73% to 31,392.79. This was the stock's third consecutive day of losses. WestRock Co. closed $12.55 short of its 52-week high ($57.67), which the company reached on June 14th.
The stock underperformed when compared to some of its competitors Friday, as International Paper Co. (IP) fell 2.77% to $45.00, Packaging Corp. of America (PKG) fell 2.98% to $151.50, and Mondi PLC ADR fell 3.60% to $36.38. Trading volume (1.7 M) remained 592,700 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 17:29 ET (21:29 GMT)
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