KapStone Paper and Packaging slides off pricing news

|About: KapStone Paper and Packag... (KS)|By:, SA News Editor

Shares of KapStone Paper and Packaging (KS -4%) slide on after industry pricing trends for the old corrugated container category come in weaker than anticipated.

Trading volume is very high on KapStone with over 800K shares trading hands in under an hour, compared to the daily average or around 1M.