Amcor (ASX:AMC) share price shoots up 6% as company raises FY21 outlook // The Motley Fool Australia

The Amcor CDI (ASX: AMC) share price opened over 6% higher this morning following release of the company’s half-year results. At the time of writing, Amcor shares have dropped back slightly and are swapping hands for $15.17 apiece.

Amcor develops and produces packaging for food, beverage, pharmaceutical, medical, home and personal care, and other products. The company employs approximately 47,000 people and does business in over 40 countries.

What’s moving the Amcor share price today?

The Amcor share price is on the run as investors digest a strong set of half-year results.

Amcor reported a GAAP (generally accepted accounting principals) net income of $417 million for the six months ended 31 December 2020. Compared to the…