AMC News: Amcor (AMCR) Stock Dips 16% in a Year: Will It Bounce Back? - 9th Jan 2024, 2:54am

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Amcor Plc. AMCR shares have lost 16.1% in a year against the industry’s growth of 2.2%. This mainly reflects lower volumes due to weak consumer demand. Higher input costs and supply-chain headwinds added to the company’s woes. Zacks Investment Research

Image Source: Zacks Investment Research

Low Volume, High Costs Ail

Amcor’s volumes have been bearing the brunt of weak consumer demand due to the current inflationary environment. Customers have also been lowering their inventory...

>>> Read more: Amcor (AMCR) Stock Dips 16% in a Year: Will It Bounce Back?
 
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