Weyerhaeuser Co. Stock Underperforms Wednesday When Compared To Competitors
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Weyerhaeuser Co. (WY) shares fell 1.25% to $23.69 on Wednesday, underperforming against competitors like International Paper Co. (IP), which dropped 0.86%. This decline ended a two-day winning streak for Weyerhaeuser, which is now 25.17% below its 52-week high of $31.66 reached on March 4. The overall market also struggled, with the S&P 500 and Dow Jones Industrial Average down 0.74% and 0.63%, respectively. Trading volume was 4.6 million, below the 50-day average of 6.6 million.
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