India, July 23 -- Shares of Packaging Corporation of America (PKG) on Thursday edged higher after reporting higher second-quarter revenue, supported by strong packaging demand and record corrugated shipments, despite lower earnings due to restructuring and acquisition-related costs.
The stock is currently trading at $230.79, up $2.60 or 1.14%, on the NYSE. It opened at $231.00 after closing the previous session at $228.19. The stock has traded between $189.03 and $249.51 over the past 52 weeks.
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