Original Investment Thesis
Sealed Air Corp. (SEE) is faced with significant headwinds in its core business due to the global shift towards rigid/metal packaging from plastic packaging. I believe this will continue to add to the financial burden, thereby proving to be a drag on profit margins and eroding value for the stock. Additionally, from a cost benefit perspective, I find Sealed Air Corp. particularly unattractive as the stock has historically been trading at a premium valuation relative to its peers despite a relatively flat financial performance and lack of significant organic growth