Rayonier (RYN) falls 0.65% on Moderate Volume September 14

Equities Staff  |

Rayonier Inc. (NYSE: RYN) shares fell 0.65%, or $0.24 per share, to close Tuesday at $36.50. After opening the day at $36.95, shares of Rayonier fluctuated between $36.90 and $36.13. 340,184 shares traded hands a decrease from their 30 day average of 545,953. Tuesday's activity brought Rayonier’s market cap to $5,158,362,573.

Rayonier is headquartered in Yulee, Florida..

About Rayonier Inc.

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.73 million acres), U.S.Pacific Northwest (507,000 acres) and New Zealand (417,000 acres). The Company also acts as the managing member in a private equity timber fund business with three funds comprising approximately 141,000 acres. On a 'look-through basis', the Company's ownership in the timber fund business equates to approximately 17,000 acres.

Visit Rayonier Inc.’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Rayonier Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: Rayonier Inc.’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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