AMC News: Amcor (AMCR) Down 16% in Six Months: Is a Revival Likely? - 25th May 2023, 3:16am

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The performance of packaging stocks has lately been impacted by weak demand. The current inflationary pressures have been impacting consumers, leading to lower demand for goods which in turn has affected packaging demand. One of the major players in the Containers - Paper and Packaging industry, Amcor plc AMCR has not been immune to this trend, having declined 16.2% over the past six months. The industry meanwhile has fallen 5.6% while the S&P500 has gained 3.9%. Zacks Investment Research

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