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Weyerhaeuser Co. stock rises Wednesday, outperforms market

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Terrence Horan

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Shares of Weyerhaeuser Co. WY, -0.19% rallied 2.79% to $35.04 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. The stock's rise snapped a six-day losing streak. Weyerhaeuser Co. closed $6.64 short of 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 Wednesday, as West Fraser Timber Co. Ltd. WFG, +2.24% rose 2.44% to $78.17, Canfor Corp. CFP, +2.96% fell 0.49% to $26.15, and PotlatchDeltic Corp. PCH, -0.56% rose 3.25% to $51.77. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.5 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.