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RYAM - Rayonier Q2 results hit by COVID-19; shares down ~7%
Rayonier Advanced Materials Inc.
Rayonier Advanced Materials (NYSE:RYAM) down 7.3% AH, as the company says Q2 results were impacted by COVID-19 market-related conditions, and expects earnings and Adjusted EBITDA to be slightly below prior year, driven by an ~12% Y/Y decline in revenues.
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