It serves residential homeowners, commercial property developers, and institutional clients in the United States, with a presence in both residential and commercial construction segments.The company generates revenue primarily through manufacturing and distributing outdoor building materials to wholesale distributors, retail lumber dealers, and major home improvement retailers.Trex offers composite decking, railing, fencing, and outdoor living products, including branded systems such as Trex Transcend, Trex ...

Fred Alger Management, an investment management company, released its “Alger Spectra Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equity markets continued their upward trajectory in the third quarter, with the S&P 500 Index rising 8.12%. A combination of improving economic conditions, solid corporate earnings, and growing expectations for monetary easing drove the strong performance. Against this backdrop, Class A shares of the Fund outperformed the Russell 300 ...