Updated
Updated · MarketWatch · May 8
Avery Dennison stock sheds 1.22% and underperforms competitors
Updated
Updated · MarketWatch · May 8

Avery Dennison stock sheds 1.22% and underperforms competitors

10 articles · Updated · MarketWatch · May 8
  • Shares closed at $163.51 on Friday, marking a second straight daily loss even as the S&P 500 rose 0.84% and the Dow edged up 0.02%.
  • The stock lagged peers including Packaging Corp. of America and Sonoco Products, which both gained, while 3M fell less sharply at 0.32%.
  • Avery Dennison remains 18.06% below its 52-week high of $199.54 reached on 24 February, and trading volume of 517,946 was below its 50-day average.
Avery Dennison's stock is falling despite strong profits. What major headwinds are investors pricing in for the coming months?
As a large 'safe haven' stock falls during market uncertainty, what does this reveal about hidden risks for all investors?