Shares of the International Paper Company.
It rose 1.66% to $45.88 on Thursday, in what proved to be an overall positive trading session for the stock market, with the S&P 500 Index
It rose 1.42% to 4577.10 and to the Dow Jones Industrial Average
It rose 1.82% to 34639.79. The stock’s rally cut off a six-day losing streak. International Paper Company closed $15.92 away from a 52-week high ($61.80), which the company hit on June 4.
The stock underperformed when compared to some competitors on Thursday, such as Empresas CMPC SA
It rose 5.65% to $1,400.00, Stora Enso Oyj ADR
It rose 2.45% to $17.95, and Packaging Corp of America
It rose 1.86% to $131.92. The trading volume (4.3 million) exceeded its 50-day average volume of 2.8 million.