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Why is Avery Dennison stock going UP?

Why is Avery Dennison (global printer, office supply maker) stock going UP when everything else is down? I can't find any special news lately to pump it up.

Any ideas?

Update:

Granted the stock is WAY down in general, but over the last few days it's up for no apparent reason. Just wondering if anyone has heard anything relevant.

1 Answer

Relevance
  • 1 decade ago
    Favorite Answer

    Going up? AVY has underperformed the S&P over the past month, three months, 6 months, 1 year, and 5 years.

    It is good to compare what you may think is the case to an index, sometime things are not as they appear on first blush.

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