Avery Dennison stock rallies 2.91% and outperforms competitors
Updated
Updated · MarketWatch · May 6
Avery Dennison stock rallies 2.91% and outperforms competitors
11 articles · Updated · MarketWatch · May 6
The shares closed at $166.68 on Wednesday, extending gains for a second straight day as the S&P 500 rose 1.46% and the Dow added 1.24%.
Avery Dennison remained 16.47% below its 52-week high of $199.54 reached on 24 February.
Among peers, 3M rose 2.60%, Packaging Corp. of America gained 1.85% and Sonoco Products climbed 3.61%, while Avery Dennison trading volume of 649,299 was just below its 50-day average.
Can Avery Dennison's smart label growth outpace the impact of new global plastic regulations and rising inflation?
With insiders selling millions in stock, why do analysts believe the company is significantly undervalued?