Shares of MERC are trading -6% lower today as market sells off

Shares of Mercer Intl Inc (MERC) are trading -6% lower at a price of $15.7 at the time of this writing. The stock's price action is faltering behind it's peers on what is quickly becoming a pessimistic day for the Materials sector.

There was no clear catalyst at the time of this writing other than a broad market selloff across all sectors.

Mercer Intl Inc has been trading between a 52-week high of $17.5 and a 52-week low of $9.35. The stock has a market cap of $1.04 Billion.

At Mercer International Inc., there are exceptional people creating bioproducts for a more sustainable world. It's a diversified global producer of forest products, bioproducts, and green electricity with operations in Germany, Canada, and Australia with a consolidated annual production capacity of approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber.