Sealed Air Corp (NYSE:SEE)
August 11th, 2018
Amidst falling markets Sealed Air Corp finished Monday’s trading session down 4.10%, a $1.70 decrease to close on $39.76. As well as the drop in value, Sealed Air Corp hit a new 52 week low of $39.53, breaking the previous low of $40.82 from earlier this month.
SEE was outperformed by the rest of the Materials sector which went down only 1.43%.
Sealed Air Corp is listed on the S&P 500 index, and was one of 387 stocks that dropped today. Weighted by market cap, SEE represents about 0.02% of the S&P 500.
Sealed Air Corp Info
Sealed Air Corporation provides food safety and security, and product protection solutions worldwide. The company operates through Food Care and Product Care segments. The Food Care segment offers integrated system solutions that enhance the management of contamination risk during the food and beverage production process, extend product shelf life through packaging technologies, and improve merchandising, ease-of-use, and back-of-house preparation processes to processors, retailers, and food service operators under the Cryovac Grip & Tear, Cryovac Darfresh, Cryovac Mirabella, Simple Steps, and Optidure brands. It also provides integrated system solutions that incorporate equipment systems, which are frequently integrated into customers’ operations; and packaging equipment for loading, filling, and dispensing. In addition, this segment offers graphic design, printing, training, field quality assurance, and remote diagnostics services; flexible packaging materials for medical and drug delivery devices; specialty component films for ostomy and colostomy bags; and PVC free films for packing pharmaceutical solutions, as well as new venture businesses. The Product Care segment provides packaging solutions under the Bubble Wrap and AirCap, Cryovac, Shanklin FloWrap, Instapak, Jiffy, and Korrvu brands, as well as I-Pack systems and e-Cube systems. The company serves food and beverage processing, food service, retail, healthcare and industrial, and commercial and consumer applications. Sealed Air Corporation was founded in 1960 and is headquartered in Charlotte, North Carolina.
All amounts in USD unless otherwise indicated
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