Owens Corning Stock Declines in the Past 3 Months: Things to Note

Owens Corning (OC) stock has lost 7.1% in the past three months against the Zacks Building Products - Miscellaneous industry's 9.5% growth. Despite witnessing healthy North American building and construction end-market demand, the company's volumes have declined of late. Apart from this, OC has been witnessing significant inflationary pressure and labor woes. Also, foreign currency translation remains a concern for this residential and commercial building products company. Owing to these headwinds, the comp ...