Sealed Air Corp. (NYSE:SEE) stock surged 18.09% last week on news of a potential acquisition by investment firm Clayton, Dubilier, and Rice (CD&R). Negotiations are underway to merge Sealed Air’s food packaging and protective packaging businesses. The company reported a 109.4% increase in net profit in Q3, driven by special items income. Net sales remained flat at $1.3 billion with a 1% decrease in volumes and prices.

Shareholders of Sealed Air Corp. (NYSE:SEE) will receive a 20-cent dividend on December 19. While SEE shows investment potential, some AI stocks may offer higher returns with limited downside risk. For insights on an undervalued AI stock benefiting from Trump tariffs, check out our free report. Check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” for more investment opportunities.

Read more at Yahoo Finance: Sealed Air (SEE) Climbs 18% on Takeover Bid