Skip to Content
scroll

Does MM have an interest in Amcor (AMC)?

Advanced Search

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

Ask a question

    The Latest Q&A

    Question asked

    Does MM have an interest in Amcor (AMC)?

    Hi MM, I noticed that AMC jumped almost 5% today (28/04) but couldn't find any constructive notice for the price and volume increase. Are you able to shed any light on the sudden appreciation? Thanks JanP

    Answer

    Hi Jan,

    Amcor (AMC) gaped over 4% higher on Thursday potentially on a delayed response to their announcement of an investment to establish new thermoforming capabilities for medical packaging in its Sligo, Ireland, healthcare packaging facility but the market overall opened stronger and that’s probably the main factor for a stock that remains in a strong uptrend.

    chart
    image description
    Amcor (AMC)
    image description

    Relevant suggested news and content from the site

    image description
    Bravura Solutions Ltd (BVS)
    image description
    Portfolio Manager James Gerrish pitching YETI Holdings (YETI US) as a buy
    image description
    Thursday 5th December – ASX up +28pts, MFG
    image description
    Whitehaven Coal (WHC) v New Hope Corp (NHC)
    image description
    Pulse Check Webinar: Dealing with bad positions
    image description
    Thursday 5th December – Dow up +308pts, SPI up +10pts
    image description
    Major Movers Today
    image description
    Wednesday 4th December – ASX down -52pts, GMG & BVS
    image description
    ASX200 Index
    image description
    Wednesday 4th December – Dow down -76pts, SPI down -30pts
    Members only

    UNLOCK MARKET MATTERS NOW

    Take a free trial.

    No payment details required.

    Already a member? Click here to login
    Back to top