Trex Company, Inc. (TREX) shares plunged 28.7 percent to $33.55 on Wednesday, even as the company reported solid third-quarter results with higher sales and profits.
Compared to $234 million in the same period last year, the company's third-quarter net sales of $285 million represented a 22.1 percent increase. In comparison to the previous year's quarter, when net income was $41 million, or $0.37 per share, it climbed 27.7 percent to $52 million, or $0.48 per share.
In the course of the New York Stock Exchange session, the stock fluctuated between $33.06 and $37.24 from its opening price of $34.00. The most recent close was $33.55, down from a previous close of $47.04. Compared to the average of 1.7 million shares, trading volume increased to approximately 12.9 million shares.
During the last 52 weeks, Trex shares have fluctuated between $33.06 and $80.74.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
September 04, 2026 15:08 ET The job report and foreign trade data were the main economic news from the U.S. in the first week of September. Elsewhere in North America, the Canadian central bank announced its latest policy decision. Inflation data from Eurozone was the highlight in Europe. The latest interest rate decision by the Reserve Bank of New Zealand drew attention in Asia.