Shares of International Paper Co.
inched 0.67% higher to $55.65 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the S&P 500 Index
falling 0.41% to 4,124.66. International Paper Co. closed $1.33 short of its 52-week high ($56.98), which the company reached on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Empresas CMPC S.A.
rose 2.37% to $2,338.00, Stora Enso Oyj ADR
fell 0.15% to $19.33, and Packaging Corp. of America
rose 0.17% to $137.56. Trading volume (2.4 M) remained 846,043 below its 50-day average volume of 3.3 M.