Sonoco Products (SON) falls 0.90% on Moderate Volume October 8

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Sonoco Products Co. (NYSE: SON) shares fell 0.90%, or $0.55 per share, to close Friday at $60.79. After opening the day at $61.40, shares of Sonoco Products fluctuated between $61.49 and $60.76. 166,710 shares traded hands a decrease from their 30 day average of 441,179. Friday’s activity brought Sonoco Products’s market cap to $5,977,170,245.

Sonoco Products is headquartered in Hartsville, South Carolina, and employs more than 21000 people.

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

Pfizer Inc (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced Thursday they have asked the US Food and Drug Administration (FDA) to expand their COVID-19 vaccine’s emergency use authorization to cover children ages five to 11. 

Nissan Motor Co Ltd (OTC: NSANY) will pause production at two Mexican plants for several days this month due to the ongoing shortage of semiconductor chips.

 

The Home Depot Inc (NYSE: HD) is teaming up with Walmart Inc (NYSE: WMT) to provide same-day and next-day deliveries of tools, paint and other online purchases to customers’ doorsteps. 

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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The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer




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