SociedadQuimica y Minera tumbled 6.6% to 58.59 on the stock market today, testing its 50-day moving average intraday. Trex is vulnerable to a downturn in new construction or renovation spending. As the broader fast-casual market cools, chains like Noodles & Co . Why Is Aflac Stock Falling Today – Profiting From Downgrades. Catalent is a specialty and generic drug manufacturing company. Tesla (NASDAQ:TSLA) bulls are on thin ice after the stock’s monster rally raises questions about sustainability and valuation. This comes after a whirlwind rally took shares to an all-time high of $968. Oil and gas stocks account for a hefty 20 per cent of the S&P/TSX Composite Index – an index that includes share prices of the largest companies that trade on the Toronto Stock Exchange. The stock is up about 60% since November 13, the day before it announced its vaccine was highly effective. Why Trex Stock Was Stacking Higher Today Jeremy Bowman 5/5/2020 US Coronavirus: The daily death toll from Covid-19 just exceeded the deaths from 9/11 on this important day for vaccine development Keith Speights owns shares of Pfizer. Returns as of 01/10/2021. The earnings seemed solid, so why are shares of Trex down on Tuesday? 50 mins Why Fulgent Genetics Stock Is Dropping Today – Motley Fool The Motley Fool . Sparking the … Read full article. Today, crude is crashing hard. Why Visa Stock Is Dropping Today Visa stock is dropping today due to a court ruling regarding a $5.7 billion settlement deal that is being rejected by New York appeals court. The Dow Jones industrial average posted solid gains in the stock market today, though several tech heavyweights dragged on the Nasdaq composite.. … Today VISA Stock’s price is down to $74.69. Revenue in the second quarter was $221 million, ahead of the $201 million in … Today’s price change has pushed the stock +63.55% YTD, which shows the potential for further growth is there. Visa stock is dropping today due to a court ruling regarding a $5.7 billion settlement deal that is being rejected by New York appeals court. This is a quality company with a compelling product. The S&P 500 (SNPINDEX: ^GSPC) gained 4 points to 3,117, and the Nasdaq Composite ... sending the steelmaker's stock falling. Before today, MSFT stock had risen 36% over the previous 12 months. Shares of Fulgent Genetics (NASDAQ: FLGT), a genetics testing provider, were dropping sharply on Friday and were down by 13.9% as of 11:37 a.m. EST, after falling by as much as 17.3% earlier in the day.The company did not report any news that scared off investors, but a Wall Street analyst downgraded its stock, which explains its woes on the market today. Alex Klein Updated Jul. Shares of Trex Co. (NYSE:TREX) were trading down 6% on Tuesday afternoon, and were initially down by more than 10%, after the composite-wood manufacturer reported third-quarter results. Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. Why Fulgent Genetics Stock Is Dropping Today Motley Fool. Why HCA Healthcare Stock Is Dropping Today. When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. He spends a lot of time these days focused on the industrials and financials. "We continued to experience robust demand for our residential decking products in the third quarter," CEO James E. Cline said in a statement. China's stock market crash may derail government's economic reforms The crash has been a bitter pill for the real economy, and will be a huge comedown for policymakers. Here are top five reasons why the Chinese stock market made a smart recovery towards the close of today's trade. Shares of Trex (NYSE:TREX) were down about 9% around 3 p.m. on Monday, a miserable day for markets. Even before the tumble, the stock was down 6.1 percent this year. 18 mins M&G Investment Management reduced stake in Trinseo S.A. Investing.com 18 mins Andvari Associates’ Q4 2020 Letter – The Leap Of Faith Seeking Alpha Trex also cut full-year capital spending guidance by $10 million, to between $65 million and $70 million, due to timing of actual cash payments related to the company's $200 million capacity expansion project. Benchmarks . Shares of Trex (NYSE: TREX) have fallen today, down by 6% as of 12:35 p.m. EDT, after the company reported second-quarter earnings. Becton Dickinson and Co (NYSE: BDX) shares are trading lower on Wednesday. Positive news from these studies should provide a big catalyst for the biotech stock. Even after Monday's sell-off, shares of Trex are still up more than 32% over the past year and up 264% over the past five years, beating the S&P 500 by 31 percentage points and 230 percentage points, respectively. Cline said he expects net sales to fall to about $160 million in the fourth quarter, which would still represent 14% growth compared to the same three months of 2018, and "modest" sequential gross-margin expansion. Trex stock bounced around a lot today. Which brings us back to the drop in the Microsoft stock price. The Facebook stock price is falling today because of a global sell-off. I would buy gradually as it goes down but in the short term stocks can drop irrationally for extended periods. The Nasdaq Composite dropped 624.94 points, or 7.3%, to finish at 7,950.68, putting the technology-heavy index 19% below last month's record. So what. Why is Cree stock falling? and Pie Five have been closing locations. Why Is Gold Price Dropping Today Friday, 8 January 2021. Why LendingClub (LC) Stock Is Dropping Today ... an analyst at Compass Point Research & Trading wrote in a note today, ... Dow Jones Today;... Why Caterpillar Stock Is Dropping Today -- The Motley Fool As a long-term holder I remain optimistic Trex has a bright future, even if near-term challenges or a potential recession do cause some volatility. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Trex stock price target cut to $72 from $143 at Deutsche Bank Sep. 22, 2020 at 6:35 a.m. I can't predict what the next few days, months, or quarters will look like, but I remain bullish on the long-term prospects for Trex and its composite decking product. View real-time stock prices and stock quotes for a full financial overview. Given the current economic conditions, the stock's healthy recent run, and the less-than-expected revenue growth, some investors might have seen it as a good time to take some profits. What happened. The Nasdaq Composite lost 4.9%. The company has enjoyed solid growth in its composite decking product, which now makes up roughly one-fifth of total decking installations, and was seen as a potential beneficiary of the coronavirus scare should consumers decide to stay at home, and perhaps renovate, instead of taking vacations this summer. Trex has been an outperformer in recent months, up 44% year to date even with Tuesday's slide, and the company came into earnings season priced for perfection. Why is the Philippine stock market dropping? There was no company-specific news for … The S&P 500 rose 0.7% to 3726.86, while the Nasdaq Composite … But the shares came crashing back on Monday, a risk-off day for markets. China's stock market crash may derail government's economic reforms The crash has been a bitter pill for the real economy, and will be a huge comedown for policymakers. Down, up, down. Market data powered by FactSet and Web Financial Group. Image source: Trex. After markets closed Monday, Trex reported third-quarter earnings of $0.72 per share, ahead of the $0.68 consensus, despite revenue that at $195 million was nearly $15 million shy of expectations. The Federal Reserve has pledged to keep interest rates near rock bottom for a long time to come. Why Visa Stock Is Dropping Today. When a downgrade is given by a company there is almost always a sharp pullback, but often when a stock is in an uptrend such as in the case of Aflac Stock, the morning drop in the stock after the downgrade, is an opportunity for trading. In today's case -- earnings relatively in line with estimates -- a 20% jump doesn't exactly jibe. The stock fell 1% as expectations for its vaccine are largely priced in. Qualcomm News: Why QCOM Stock Is Falling 5% Today QCOm may get caught in a trade war By William White , InvestorPlace Writer May 15, 2020, 3:07 pm EST May 15, 2020 13, 2017 10:52PM ET / Published Aug. 17, 2012 3:30PM ET Gold price prediction for march 9 2017 today s top gold news and opinion a price of gold per ounce gold price drops more than 80 an ounce gold price record looking like a today s top gold news and opinion a. The tech-heavy Nasdaq Composite Index … Catalent sees fiscal year 2021 sales $3.45-$3.60 billion versus the $3.05 billion estimate. Three days later VISA Stock’s price reached $76.76 as markets roared back on Wednesday. Q4's sales came in 15% higher than what Trex … Given the sheer number of pipeline companies, power plant operators, oil and gas production companies, and other energy stocks, it can be hard to identify which energy companies will … Wall Street darling Nvidia NVDA also dropped, with shares reaching an intraday low that was nearly 7% off of Tuesday's close. What happened. The Dow lost 633 points, or 2.3%, while the S&P 500 shed 2.8%. Get today's stock futures, stock market commentary, stocks to watch, analyst upgrades and more. Stocks. Revenue was up 17% over the comparable period in 2018, led by a 24% increase in residential product sales. Trex stock is up Monday afternoon following the company's strong second-quarter sales due to a number of reasons. The stock market bounced back a bit from Monday’s drubbing as manufacturing data surprised to the upside on Tuesday. ... His favorite stock is Apple, which is also the first stock he ever bought. Stock Advisor launched in February of 2002. The Motley Fool has no position in any of the stocks mentioned. PayPal Stock Is Dropping Because of ‘Meaningful Headwinds’ From Europe. Tech Mahindra 1,056.50 61.75. 15 Energy Stocks Analysts Love the Most. Long-term-focused investors should hold on through the downturn. Tesla’s market cap has already shed billions Wednesday – falling over 10% in early morning trading over fears that the coronavirus outbreak will delay the timeline for new vehicle deliveries in China. Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. Get detailed Pfizer stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Why Shares of Trex Are Falling Today Earnings were solid, but apparently not strong enough. Why T-Mobile and Sprint Shares Are Falling Today its incredible how much bad news is in the stock right now. There are more than 450 energy companies traded on public markets. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Shares of Trex Are Falling Today @themotleyfool #stocks $TREX, 3 Surprising Stocks We Love For the Housing Boom, 3 Surefire Stocks on My Christmas Wish List, This Home Improvement Stock Is Up 70% This Year, but One Expert Says It's Worth Buying Now, 3 Hot Stocks Cashing in on the Great Outdoors, Copyright, Trademark and Patent Information. Aside from the global sell-off, the FB stock price can drop thanks to sell-offs in the tech industry. These latest quarterly results do nothing to change my outlook. The stock market appears to be breaking out of its recent lull. If this coronavirus causes a full-blown economic slowdown or recession, purchases of consumer discretionary products like new decks could be put on hold. Trex (TREX) shares are gaining after being upgraded to 'buy' from 'hold' by analysts at Stifel Nicolaus (SF) The company announced its earnings for the fourth quarter of fiscal 2019 after market hours on Tuesday. There was no company-specific news for the composite-wood manufacturer, but the market is punishing highfliers as fears of a COVID-19 coronavirus-induced recession continue to mount. TOP Ships (NASDAQ: TOPS) shares are trading lower on Monday, after the company priced its 60 million share common stock offering at 13 cents per share. The company is clearly in growth mode. ET by Tomi Kilgore Here’s an overlooked way to play the ‘stuck-at-home’ trend in the stock market Brian Feroldi, The Motley Fool. If Tesla can’t meet Elon’s guidance, the stock could give back some of its gains. 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