Published: Dec. 8, 2023 at 5:17 p.m. ET
Shares of International Paper Co. IP inched 0.05% higher to $36.84 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.41% to 4,604.37 and the Dow Jones Industrial Average DJIA rising 0.36% to 36,247.87.
This was the stock’s third consecutive day of gains.
International…
Shares of International Paper Co.
IP
inched 0.05% higher to $36.84 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX
rising 0.41% to 4,604.37 and the Dow Jones Industrial Average
DJIA
rising 0.36% to 36,247.87.
This was the stock’s third consecutive day of gains.
International Paper Co. closed $5.05 short of its 52-week high ($41.89), which the company achieved on January 31st.
The stock outperformed some of its competitors Friday, as Weyerhaeuser Co.
WY
fell 0.06% to $30.87.
Trading volume (1.8 M) remained 1.3 million below its 50-day average volume of 3.2 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read More: International Paper Co. stock rises Friday, still underperforms market