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Clearwater Stock Up 10%, Marks 6-month High

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Washington-based paper products manufacturer, Clearwater Paper Corporation (CLW), is trading 10% higher on Wednesday. The company is yet to publish any corporate-specific news to fuel the stock.

One of the leading investors in the company, George Baxter's Sabrepoint Capital, has marked the company as one of its top 10 picks. The shares are now trading at their six-month-high after recovering from a six-day slump last week.

The shares are currently trading hands at $40.04, up $3.77 or 10.39% from their previous close at $36.27. The stock opened at $38.03 in the morning. In the 52-week period, the shares have ranged between $27.30 and $45.81 per share.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.