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Shares of Weyerhaeuser Co. (WY) slid 0.80% to $38.54 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.17% to 4,690.70 and the Dow Jones Industrial Average rising 0.55% to 35,813.80. The stock's fall snapped a two-day winning streak. Weyerhaeuser Co. closed $3.14 short of its 52-week high ($41.68), which the company achieved on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as West Fraser Timber Co. Ltd. (WFG.T) fell 0.95% to $86.58, Canfor Corp. fell 0.17% to $29.35, and PotlatchDeltic Corp. (PCH) fell 1.15% to $56.63. Trading volume (2.3 M) remained 1.5 million below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2021.
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