Virginia-based industrial company Trex Company Inc. (TREX) has slipped 9% in the market on Tuesday. The company has not reported any stock-specific news to result in the drop in shares. The company started to lose ground after a six-day rise from the start of the month. In the past 30 days, the shares have lost 16% of their value. The shares are currently trading at $95.22, down $7.82 or 7.59% since their previous close at $103.04 on Monday. The stock opened at $99.61 in the morning and in the 52-week period, the shares have ranged between $64.26 and $114.61.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.