Quanex Building Products (US:NX) Newsfile·2025-11-07 15:07Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quanex Building Products Corporation due to alleged violations of federal securities laws related to misleading statements and undisclosed operational issues affecting the company's performance [2][5]. Summary by Sections Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Quanex to contact them for discussing legal options, particularly in light of a federal securities class action with a deadline for lead plaintiff applications on November 18, 2025 [1][2]. Company Performance and Issues - Quanex reported significant operational issues in its Tyman Mexico facility, which were described as "underinvested" and leading to "catastrophic" conditions for tooling and equipment [5][6]. - The company disclosed a diluted EPS of ($6.04) for Q3 2025, a significant decline from $0.77 in the same period the previous year, alongside an adjusted EBITDA of $70.30 [6]. - CEO George Wilson noted that operational challenges negatively impacted EBITDA in the Hardware Solutions segment by nearly $5 million in Q3 2025, with issues identified midyear during the Tyman integration [7]. Stock Market Reaction - Following the announcement of these operational issues, Quanex's stock price fell by $2.73 (13.1%) to close at $18.18 on September 5, 2025, with continued decline to $16.20 (10.9%) on September 8, 2025, both on unusually heavy trading volume [7].