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Try Now for Just $1!International Paper Company (IP) stock declined over -4.59%, trading at $49.90 on NYSE, down from the previous close of $52.30. The stock opened at $51.10, fluctuating between $48.62 and $51.35 in the recent session.
International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
Employees | 37000 |
Beta | 0.98 |
Sales or Revenue | $18.62B |
5Y Sales Change% | -0.041% |
Fiscal Year Ends | December |
Sector | Consumer Cyclical |
Industry | Packaging & Containers |
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