Per-share stock prices for the 14 plastics processors tracked by Plastics News have been split right down the middle in 2024, with half seeing gains and the other half seeing declines.
Top gainers in per-share prices between Jan. 1 and early trading Nov. 18 were AptarGroup Inc., up 35 percent, and Azek Co., up 21.5 percent. Per-share prices at Silgan Holdings Inc. were up almost 19 percent, with Winpak Ltd. showed a similar gain of almost 19 percent on the Toronto Stock Exchange. Price gains of between 5 percent and 9 percent were seen at DuPont Co., Amcor plc and Berry Global Group Inc. (That was before Amcor announced plans to buy Berry on Nov. 19.)
On the other side of the ledger, per-share prices at Myers Industries Inc. and Atkore Inc. each were down more than 40 percent in that time period. Prices at Sonoco Products Co., Pactiv Evergreen Inc. and Trex Co. Inc. were down 10-18 percent. Smaller price declines of 3-6 percent took place at Advanced Drainage Systems Inc. and Sealed Air Corp.
In broader economic measures, the Dow Jones Industrial Average in late trading Nov. 18 was up 15 percent since Jan. 1. The broader S&P 500 was up almost 24 percent in that period.