Whoa, Weyerhaeuser's selling mills and buying timberlands? They're literally reshaping the company! 🪵 The stock's reaction says it all: a classic "sell the news" drop. The price just fell through both key WMAs and the RSI is diving towards oversold territory. This looks like a classic pullback on a strategic pivot. I'm seeing a SELL signal for now—let this restructuring news settle before jumping in. #Timber

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2020, we generated $7.5 billion in net sales and employed approximately 9,400 people who serve customers worldwide. We are listed on the Dow Jones Sustainability North America Index. Our common stock trades on the New York Stock Exchange under the symbol WY.

Weyerhaeuser Company WY: 24.49 USD

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