No, that’s not really skyrocketing if your point of reference is other volatile things (stocks, crypto currencies, etc).
Not some silly fantasy speculation good, like crypto or... overvalued stock.
Although it just "cratered" or "crashed" back down to entirely normal. Doesn't look like there's any oversupply glut causing it to overshoot to the downside. Lumber companies will have to learn to make do with charging the same prices they charged before the pandemic.
> Not some silly fantasy speculation good, like crypto or... overvalued stock.
Apple is not a “silly fantasy speculation good” anymore than a lumber futures contract.