Here's Why O-I Glass Stock Was Going Up Today

Here's Why O-I Glass Stock Was Going Up Today

Shares of glass-packaging company O-I Glass (NYSE: OI) were climbing higher on Thursday morning after a report that it's divesting a business unit for over $650 million. Its business unit in Australia and New Zealand generated about $750 million in Australian dollars in 2019. O-I Glass also announced sales trends improved big-time in June.