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Zurich-based Amcor plc (AMCR) develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. With a market cap of $15 billion, Amcor offers flexible and rigid packaging, specialty cartons, and closures, helping companies protect their products and differentiate their brands.
The packaging giant has underperformed the broader market over the past year. Over the past 52 weeks, AMCR stock is up 9.3% compared to the S&P 500 Index’s ($SPX) 18.2% returns. In 2024 alone, AMCR gained 10.1%, but it still trailed behind the SPX’s 11.5% gains over the same time frame.