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Weekly: Tembec accelerates decline: down 4.0% in 2 weeks June 23, 2017 17:00 EDT

Jun 23, 2017 - News Bites Canadian Markets


Tembec Inc. (TSX:TMB), Canada's 9th largest Forest Products company by market cap, has decreased 17.0c (or 4.0%) over the past two weeks, after falling 2.6% in the past week and 1.4% in the week prior to that to close at CAD4.13. Compared with the S&P/TSX 60 Index which fell 11.1 points (or 1.2%) in the two weeks, this represented a relative price change of -2.7%. This has been exacerbated by high volume of 2.0 times average for the week. In the past week the m...