Seeking Alpha

KapStone Paper and Packaging slides off pricing news

  • 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.
Comments (3)
  • Philip Marlowe
    , contributor
    Comments (1161) | Send Message
    Do you happen to have a link for the industry pricing trends?
    8 Jul 2014, 11:20 AM Reply Like
  • User 20220471
    , contributor
    Comments (3) | Send Message
    Owning KS stock since early 2009 has been very rewarding for me. It would have to drop much further for me to lose my investment.
    8 Jul 2014, 11:06 PM Reply Like
  • Greyfox070
    , contributor
    Comments (69) | Send Message
    If you are losing sleep over this OCC pricing business, listen to $PKG 2nd quarter conference call. This whole thing is pretty much a non-event, and presents a very good entry point for $KS prior to earnings. The sell-off in $KS was way, way overdone.
    22 Jul 2014, 06:00 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs