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. Or more precisely, front month WTIC crude is crashing. The Dow Jones industrial average posted solid gains in the stock market today, though several tech heavyweights dragged on the Nasdaq composite.. … Q4's sales came in 15% higher than what Trex … Market data powered by FactSet and Web Financial Group. Trex stock is up Monday afternoon following the company's strong second-quarter sales due to a number of reasons. Everything you need to know about the stock market today. Image source: Trex. 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. ... His favorite stock is Apple, which is also the first stock he ever bought. Stocks. In today's case -- earnings relatively in line with estimates -- a 20% jump doesn't exactly jibe. The Dow Jones Industrial average tumbled at the start of the week, losing over 350 points during Monday trading. The stock is up about 60% since November 13, the day before it announced its vaccine was highly effective. Here are top five reasons why the Chinese stock market made a smart recovery towards the close of today's trade. 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. It's also possible spooked investors were looking to take profits in one of the few stocks that have weathered the coronavirus sell-off up until now. The stock fell 1% as expectations for its vaccine are largely priced in. The Federal Reserve has pledged to keep interest rates near rock bottom for a long time to come. 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. And as noted, it's expanding capacity late in the economic cycle, and at a time when competitors are launching their own composite-wood products. 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 The stock market appears to be breaking out of its recent lull. 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 Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor Trex Company’s 2-For-1 Stock … Image source: Getty Images. The earnings seemed solid, so why are shares of Trex down on Tuesday? 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. Returns as of 01/10/2021. Shares of Trex (NYSE:TREX) were down about 9% around 3 p.m. on Monday, a miserable day for markets. This article was originally published on this site What happened. 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. Trex decking on display in a home improvement store. Three days later VISA Stock’s price reached $76.76 as markets roared back on Wednesday. Why are stocks falling again? Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. 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. Tesla (NASDAQ:TSLA) bulls are on thin ice after the stock’s monster rally raises questions about sustainability and valuation. 50 mins Why Fulgent Genetics Stock Is Dropping Today – Motley Fool The Motley Fool . 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. Has to be deeply oversold. 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. Stock Advisor launched in February of 2002. So what. But the shares came crashing back on Monday, a risk-off day for markets. President Donald Trump says it's because Democrats are gearing up to use their impending control of the House of … The tech-heavy Nasdaq Composite Index … Revenue in the second quarter was $221 million, ahead of the $201 million in … Aside from the global sell-off, the FB stock price can drop thanks to sell-offs in the tech industry. The Motley Fool has no position in any of the stocks mentioned. The company is clearly in growth mode. Everything you need to know about the stock market today. Stocks ended Thursday's session sharply lower, with the Dow falling more than 800 points (2.7%) and the S&P 500 dropping 3.5%. Benchmarks . 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. Keith Speights owns shares of Pfizer. Positive news from these studies should provide a big catalyst for the biotech stock. The S&P 500 (SNPINDEX: ^GSPC) gained 4 points to 3,117, and the Nasdaq Composite ... sending the steelmaker's stock falling. Stock Advisor launched in February of 2002. 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. Alteryx (NYSE: AYX) is in the news Friday after as its earnings report for the second quarter of 2020 continues to drop AYX stock lower. Ultimately, the direction of the Philippine stock market will be dictated by the global macro... Today's Stock Market News and Analysis - Nasdaq.com Why is the stock market dropping today? 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 Visa Stock Is Dropping Today. The S&P 500 rose 0.7% to 3726.86, while the Nasdaq Composite … Read full article. This story gets even stranger. The broader markets fell after the release of poor manufacturing data. 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. Jamie is not only a big fan of its products, but he believes that the tech giant has a whole lot more to give the world, and hasn't even scraped the surface of its potential. NSE Gainer-Large Cap . I would buy gradually as it goes down but in the short term stocks can drop irrationally for extended periods. 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. Tech Mahindra 1,056.50 61.75. 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. 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. 13, 2017 10:52PM ET / Published Aug. 17, 2012 3:30PM ET 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. Why Is Gold Price Dropping Today Friday, 8 January 2021. Wall Street darling Nvidia NVDA also dropped, with shares reaching an intraday low that was nearly 7% off of Tuesday's close. Both MasterCard (MA) and Visa (V) stocks are dropping today on the news that new litigation is problem the next step in their ongoing battle with retailers over allegations that their credit-card fees were improperly fixed. View real-time stock prices and stock quotes for a full financial overview. Trex has been a rare standout in a tough market, with its shares hitting a new high last week. Why T-Mobile and Sprint Shares Are Falling Today 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. This is a quality company with a compelling product. The data shows that as of October 29, 2020 short interest in Trex Company, Inc. 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