Sonoco Products (SON) falls 0.59% for September 24

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Today, Sonoco Products Co. Inc’s (NYSE: SON) stock fell $0.36, accounting for a 0.59% decrease. Sonoco Products opened at $60.60 before trading between $60.75 and $60.22 throughout Friday’s session. The activity saw Sonoco Products’s market cap fall to $5,928,991,048 on 362,664 shares -below their 30-day average of 429,865.

Sonoco Products employs around 21000 people with a head office in Hartsville, South Carolina.

About Sonoco Products Co.

Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.4 billion, the Company has 23,000 employees working in approximately 300 operations in 36 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support its corporate purpose of Better Packaging. Better Life. The Company ranked first in the Packaging sector on Fortune’s World’s Most Admired Companies for 2020 as well as Barron’s 100 Most Sustainable Companies.

Visit Sonoco Products Co.’s profile for more information.

The Daily Fix

The Federal Reserve is reviewing the ethics policies that govern the financial holdings and activities of its senior officials in the wake of recent disclosures that two regional Fed presidents engaged in extensive trading last year.

The Federal Aviation Administration (FAA) wants US passenger airlines to do more to address the surge in incidents involving unruly or violent passengers.

Breakthrough Energy, a non-profit launched by billionaire philanthropist and Microsoft (NASDAQ: MSFT) co-founder Bill Gates in 2016, has raised a warchest from seven leading global corporations to further the organization’s mission of reaching a net-zero emissions society by 2050. 

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Sonoco Products Co. and to follow the company’s latest updates, you can visit the company’s profile page here: Sonoco Products Co.’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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