Does MM have an interest in Amcor (AMC)?

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Question asked 30/04/2022

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.

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Amcor (AMC)

LAST UPDATED 29/04/2022 13:43

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