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Ireland-based Smurfit Westrock Plc (SW) manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products. With a market cap of $11 billion, Smurfit Westrock’s operations span various European, North America, South America, and Asia-Pacific countries.
The packaging company has significantly underperformed the broader market over the past month. SW stock is down 12.9% over the past month, compared to the S&P 500 Index’s ($SPX) nearly 2% decline during the same time frame.