Amcor (AMCR) Stock Dips 16% in a Year: Will It Bounce Back?

Amcor Plc. (AMCR) shares have lost 16.1% in a year against the industry’s growth of 2.2%. This mainly reflects lower volumes due to weak consumer demand. Higher input costs and supply-chain headwinds added to the company’s woes. Image Source: Zacks Investment Research Low Volume, High Costs AilAmcor’s volumes have been bearing the brunt of weak consumer demand due to the current inflationary environment. Customers have also been lowering their inventory, which further impacted demand. In fiscal 2023, Amcor ...