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Clearwater Paper Corp. (CLW) Sank To A New Low After Weak Q1 Report

Clearwater Paper Corp. (CLW) reported first quarter EPS of $0.31 after the close Thursday, which fell short of the consensus estimate of $0.67.

Clearwater Paper gapped open sharply lower Friday and declined in early trade, before staging a recovery. The stock still finished down by 13.60 at $26.85 on the highest volume of the year. Clearwater Paper tumbled to a new low for the year.

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