Why Pactiv Evergreen Stock Ended in the Red Today

Why Pactiv Evergreen Stock Ended in the Red Today

Pactiv earned $0.10 per share in Q4 2020, versus a $1.03 per share loss in Q4 2019. BofA analyst George Staphos downgraded the stock to neutral Thursday morning, reported financial news website The Fly -- and so some investors are selling.