TREX - Why Sysco Middleby Chart Industries and Trex Shares Were All Down Today
Chart Industries (NASDAQ: GTLS). Middleby (NASDAQ: MIDD). Sysco (NYSE: SYY). Trex (NYSE: TREX).
What do a maker of heat exchangers and cooling fans (Chart), a commercial kitchen equipment manufacturer (Middleby), a food distributor (Sysco), and a maker of simulated wood for outdoor construction (Trex) have in common? Not a whole lot, but one thing is that they've all fallen victim to Wednesday's renewed sell-off in the stock markets.
As of 12:15 p.m. EDT today, Trex was least hard hit with a loss of 7.2%, but Chart, Middleby, and Sysco were booking much bigger losses: 29.6%, 20.4%, and 17.2%, respectively.