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Weyerhaeuser Co. Stock Rises Friday, Still Underperforms Market

DowjonesNews MarketWatch ·  Nov 13, 2021 06:42

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Weyerhaeuser Co. (WY) inched 0.33% higher to $36.93 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.72% to 4,682.85 and the Dow Jones Industrial Average rising 0.50% to 36,100.31. The stock's rise snapped a four-day losing streak. Weyerhaeuser Co. closed $4.75 below its 52-week high ($41.68), which the company reached on May 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as West Fraser Timber Co. Ltd. (WFG.T) rose 0.36% to $83.32, Canfor Corp. fell 0.37% to $27.05, and PotlatchDeltic Corp. (PCH) fell 0.56% to $55.31. Trading volume (1.8 M) remained 1.9 million below its 50-day average volume of 3.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 12, 2021.

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