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Here's Why O-I Glass Stock Was Going Up Today


Shares of glass-packaging company O-I Glass (NYSE: OI) were climbing higher on Thursday morning after a report that it's divesting a business unit for over $650 million. Additionally, the company's sales improved in June, encouraging investors.

As of 11:30 a.m. EDT, O-I Glass stock was up 11% for the day.

Image source: Getty Images.

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Source Fool.com

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