The company's strong performance is due to robust demand for...
The company's strong performance is due to robust demand for Siding and oriented strand board, increased volume, higher commodity prices, and improved operating efficiency. The stock soared 19.4% in afternoon trading, showing a positive market response to the earnings report and raised outlook.
Price of Engineered-wood Siding Soars 38%, Fueling Earnings Beat for LP Building
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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