Rayonier Inc. shares rise 1.47% intraday after filing petitions alleging 'unfair prices' of pulp from Brazil, Norway.

Rayonier Inc. rose 1.47% in intraday trading, with the company filing a petition alleging 'unfair prices' of pulp from Brazil and Norway. This news event is likely to have a positive impact on the company's stock price, as it indicates that Rayonier is taking action to protect its interests and potentially increase its revenue.