Packaging Industry Stocks Rise

Written by: Michael Rizzo

        Marketing Assistant

With the increase in people needing things shipped to their house amongst the current pandemic, the packaging industry is showing an increase in their stock values. Champion’s partner, RanPak, has seen a huge increase in their market share value. They started the month of December 2020 at about $11.30 a share. They now have a share value of $19.29 as of 2/22/2021. That is around a 58% increase from previous. This increase is not only a testament to their great service and products, but how they are taking an aggressive approach to improve ever since the pandemic started. RanPak was featured on many different business shows, such as Market Watch and CNBC, explaining why people should invest in this company. They have made a surge to doing more as far as Ecommerce. This new purchasing method is becoming the new standard for every business. You need to be confident in Ecommerce because it shows you are flexible, and adapting to the times. This company showing that they can improve after being in the business so long is a great example of why Champion Container Corp is a proud partner with them.