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home / news releases / TREX - Why Trex Stock Was Up Today

TREX - Why Trex Stock Was Up Today

Trex Company Inc.

2023-05-09 11:54:38 ET

Shares of Trex (NYSE: TREX) , the leading maker of alternative decking and railing products, were gaining after the company posted better-than-expected results in the first quarter.

As of 10:05 a.m. ET, the stock was up 9.7%.

Trex's business is closely tied to the housing and home improvement market, and as the housing market has slowed, so has demand for its products.

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Why Trex Stock Was Up Today
Stock Information
Company Name: Trex Company Inc.
Stock Symbol: TREX
Market: NYSE
Website: trex.com
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