Trex Shares Rise After Stifel Upgrade

MT newswire2026/10/20 18:51

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02:51 PM EDT, 10/20/2026 (MT Newswires) -- Trex (TREX) shares rose 5.1% on Tuesday after Stifel upgraded the stock to buy from hold with a price target of $55 per share. Trading volume stood at nearly 1.8 million shares compared with a daily average of more than 1.7 million. Price: 48.91, Change: +2.42, Percent Change: +5.19

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Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.

华尔街见闻•2026/11/07 07:31