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Why Resolute Forest Products Stock Lost 27% in June

TheMotleyFool

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Why Resolute Forest Products Stock Lost 27% in June

Shares of Resolute Forest Products (NYSE: RFP) were falling back last month as the price of lumber declined sharply, leading to a pullback in prices for its paper and wood products. According to data from S&P Global Market Intelligence, the stock fell 27% in June.

As you can see from the chart below, the stock fell over the course of most of the month.