Bank of America downgraded Ardagh Metal Packing citing a preference for other beverage packagers like Amcor, which was upgraded, Crown and Ball.
Andrea E. Bertone, a director at $AMCR ($AMCR), sold 6,138 shares of the company on 12-03-2024. We received data on the trade from a recent SEC filing. This was a sale of approximately 12.3% of their shares....
Berry shareholders will receive a fixed exchange ratio of 7.25 Amcor shares for each Berry share held.
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Amcor has lagged behind the broader market over the past year, and analysts continue to express caution regarding its future prospects.
The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.72%. Stocks on Friday settled...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.82%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.89%. Stocks today are moving higher...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.76%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.73%. Stocks today are moving higher...
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Amcor is expected to release its fiscal first-quarter earnings later this month, and analysts project a single-digit profit growth.
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Amcor underperformed the S&P 500 index in 2024, and analysts remain skeptical about the stock's growth prospects.