Why Weyerhaeuser Stock Rallied in April Despite the Market's Sell-off
Shares of Weyerhaeuser (NYSE: WY) rose 8.8% in April, according to data provided by S&P Global Market Intelligence. Considering that the S&P 500 tumbled 8.8% last month, that was a particularly impressive showing.
A couple of factors helped drive the timberland-focused real estate investment trust's (REIT) shares higher. It acquired some more timberland and reported strong first-quarter results.
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Source Fool.com