DS Smith ( (GB:SMDS) ) just unveiled an announcement.
JPMorgan Chase & Co. has increased its holdings in DS Smith PLC, with its voting rights percentage rising from 9.204436% to 9.588236%. This change reflects a strategic move by JPMorgan to strengthen its influence within DS Smith, potentially impacting DS Smith’s decision-making processes and market strategies, while underscoring the financial institution’s confidence in DS Smith’s growth prospects.
More about DS Smith
DS Smith PLC is a UK-based company operating in the manufacturing sector, primarily focused on producing sustainable packaging solutions. The company serves various industries globally, including consumer goods, e-commerce, and industrial sectors, with a strong emphasis on eco-friendly and innovative packaging products.
YTD Price Performance: 10.98%
Average Trading Volume: 6,207,670
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.29B
For detailed information about SMDS stock, go to TipRanks’ Stock Analysis page.