Why Shares in James Hardie Declined This Week
Shares in James Hardie Industries (NYSE: JHX) declined 15.1% in the week through Friday morning. The negative result came when the fiber cement siding and fiber gypsum company reported disappointing fourth-quarter earnings.
The move is particularly notable because it contrasts the stock price move of its engineered wood siding and oriented strand board (OSB) rival Louisana-Pacific (NYSE: LPX).
Source Fool.com