In this issue of Disconnected Comparisons, we evaluate Mercer International (MERC) and PotlatchDeltic (PCH). A USD 100 investment in MERC on 4 January 2002 would have been worth USD 8.73 on 14 November 2025; a USD 100 investment in PCH on 4 January 2002 would have been worth USD 104.93 on 14 November 2025; and a USD 100 investment in the PM40 on 4 January 2002 would have been worth USD 506.25 on 14 November 2025.

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Mercer International Inc. (MERC) is a NASDAQ traded company. Their Web site is mercerint.com/s/home.asp.

PotlatchDeltic Corporation (PCH) is a NASDAQ traded company. Their Web site is potlatchdeltic.com/.