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Actionable news in RYAM: RAYONIER ADVANCED MATERIALS Inc,

Why Rayonier Advanced Materials (RYAM) Stock Is Spiking Today

NEW YORK (TheStreet) -- Rayonier Advanced Materials (RYAM) stock is skyrocketing by 30.62% to $13.31 on heavy trading volume this afternoon, after the company reported better-than-expected 2016 first quarter earnings and revenue.

After yesterday's market close, the chemical company reported adjusted earnings of 49 cents per share, well above analysts' estimates for 15 cents per share.

Revenue declined by 2% year-over-year to $218...


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