Reynolds Consumer Products Faces Key Cost Issue at Start of June
Reynolds Consumer Products Inc. is set to open Monday at $21.67, after sliding 1.95% on Friday. That loss capped a short Memorial Day week where the stock ended down about 0.6% from the previous Friday’s close. With not much in the way of new company news, the setup is now in focus. The main thing for investors is whether they reward Reynolds for a strong Q1 or keep the pressure on the stock as June gets underway with aluminum and resin costs still up.