Ranpack

· Steve's Investing Blog


Ranpak Holdings: The Case For A Busted Pandemic Winner #

A stunning round-trip might have gone a bit too far. #

Vince Martin

11 hr ago

On Wednesday, we talked about buying risk, and highlighted some intriguing plays that qualified. Packaging provider Ranpak Holdings (PACK) didn’t make the cut then — but it does now.

A key reason why we kept PACK off the list was that earnings were on the way, and from a distance looked dicey. That judgment proved correct: Ranpak tanked its Q2 report on Thursday morning, and PACK plunged 23% in response. The decline completed an absolutely epic round-trip:

source: finviz.com

The return to 2019 lows on its own doesn’t make the stock a buying opportunity. Nor is the chart that outlandish in the context of pandemic winners.

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Last updated: 2026-03-07 by automated standardization process

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