International Paper (IP) Soars 11.0%: Is Further Upside Left in the Stock?
IPInternational Paper(IP) Zacks Investment Research·2024-03-20 17:41

International Paper (IP) shares soared 11% in the last trading session to close at $38.77. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.4% loss over the past four weeks. International Paper witnessed a significant increase in its share value following the announcement of Andrew Silvernail being appointed as the next Chief Executive Officer. Silvernail, who boasts two decades of leadership experience in both manufacturing and ...