Trex Shares Up As Eco-Friendly Flooring Specialist Beats Views
Key Points Trex business is on the rebound with double-digit growth after the post-pandemic slowdown. Earlier this year, Trex divested its commercial business for $8.25 million, leading to a non-cash loss of $15.4 million. Trex’ synthetic decks, using recycled materials, appeal to environmentally conscious buyers. Analyst ratings show a consensus view of “moderate buy” with…