LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of Quanex Building Products Corporation (“Quanex” or the “Company”) (NYSE: NX) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON QUANEX BUILDING PRODUCTS CORPORATION (NX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On September 4, 2025, Quanex released its third quarter 2025 financial results. Among other things, the Company disclosed “operational issues related to the legacy Tyman window and door hardware business in Mexico that are ongoing” which led to an approximately $5 million EBITDA headwind in the quarter.
In an earnings call held the same day, the Company’s CEO stated it had “identified midyear” that it was “underinvested and that the tooling condition and the equipment condition” so it “had to make some changes and fix some things before it was catastrophic.” The Company further disclosed that it was “adjusting for lower expected volumes and pushing out the timing of when we expect to realize procurement savings.”
On this news, Quanex’s stock price fell $2.73, or 13.1%, to close at $18.18 per share on September 5, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Quanex securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [email protected]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
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Contacts
Contact Us:
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
[email protected]
www.frankcruzlaw.com
