Weyerhaeuser Co. Stock Underperforms Wednesday When Compared To Competitors
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Weyerhaeuser Co. (WY) shares fell 3.93% to $23.23 on Wednesday, marking the fifth consecutive day of losses. The stock is now 23.28% below its 52-week high of $30.28 reached on March 17. In comparison, competitor International Paper Co. (IP) declined 1.10% to $38.66. The overall market also struggled, with the S&P 500 Index down 0.08% and the Dow Jones Industrial Average down 0.61%. Trading volume for Weyerhaeuser was 7.2 million, slightly above its 50-day average of 7.1 million.
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