Shares of Weyerhaeuser Co.
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
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
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.
rose 2.44% to $78.17, Canfor Corp.
fell 0.49% to $26.15, and PotlatchDeltic Corp.
rose 3.25% to $51.77. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.5 M.