Trex Stock Falls Due to Weak Sales Forecast

Reported 2 months ago

Trex's shares have significantly dropped after the company reported a disappointing sales outlook, citing an uncertain economic environment and weakness in the entry-level market segment. Analysts Julie Hyman and Josh Lipton discuss the implications of Trex's second-quarter earnings and the impact of consumer weakness on its future prospects.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis