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Why is Silgan Holdings Inc (SLGN) Stock down?

We've noticed a 5.58% decline in Silgan Holdings Inc (SLGN) stock during the 2024-08-05 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
26 Jul, 2023:

Silgan Holdings Inc. (SLGN) tumbled 12.22% to $42.87 after posting downbeat results. Total sales across the business fell by 6% year over year, excluding non-recurring sales in Russia. Investors in morning trading seemed to be reacting to management's outlook for weakening business trends entering the third quarter.

https://www.benzinga.com/news/23/07/33399802/why-universal-health-services-shares-are-trading-lower-by-6-here-are-other-stocks-moving-in-wednesda

$71.57
price up icon 1.19%
packaging_containers GPK
$30.01
price up icon 1.35%
packaging_containers CCK
$93.02
price up icon 0.87%
$10.50
price up icon 1.06%
packaging_containers AVY
$205.15
price up icon 0.26%
Cap:     |  Volume (24h):