SLVM - Sylvamo stock tumbles on reported block trade of 4.6M shares
- Sylvamo ( NYSE: SLVM ) shares plunged after the paper company reportedly offered a block of 4.6M shares via Citi overnight.
- The shares were offered at a price of $36.25.
- Sylvamo shares were down 9% shortly before 11 AM ET
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Sylvamo stock tumbles on reported block trade of 4.6M shares