/PRNewswire/ The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around.
In a year when major market indexes finished at record highs, Jacksonville stocks generally underperformed in 2020.
Out of 13 Jacksonville-based companies that were trading above $1 when the year began, only five finished with gains for the year.
At the top of the list was Rayonier Advanced Materials Inc., a stock that has been beaten down by a poor financial performance in recent years.
When the maker of cellulose specialties products reported its first profit in seven quarters in November, the stock jumped higher.
It more than doubled in price to a high of $8.63 in early December and closed at $6.52 on Dec. 31, up 75% for the year.