Why Quanex Building Products Stock Is Climbing Today
Quanex Building Products (NX) The Motley Fool·2024-09-06 15:19Results point to better times ahead. Quanex Building Products (NX 18.66%) topped Wall Street expectations for the quarter and raised its fullyear outlook, predicting big things from its recently closed acquisition. Wall Street reacted favorably to the news, sending Quanex shares up 20% as of 10:30 a.m. ET. Solid quarter, better guidance Quanex manufactures a wide range of building materials, including windows, doors, vinyl fencing, refrigeration, and cabinetry. Last month, the company closed a $1.1 billion ...