Magnera Corp. (MAGN) is trading at $12.60, down $2.57 or 16.94 percent, after reporting a net loss of $41 million for the second quarter ended March 29, compared to net income of $14 million a year earlier. Net sales rose to $824 million in the quarter, up from $558 million.
The stock opened at $12.40 and has traded between $12.20 and $13.73 on the Nasdaq. It previously closed at $15.17. Volume has reached 1.15 million shares, well above the average of 491,710.
Shares have ranged between $12.20 and $26.78 over the past 52 weeks.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.