Why Jeld-Wen Stock Is Up Today

·2 min read
Why Jeld-Wen Stock Is Up Today

Building products company Jeld-Wen Holding (NYSE: JELD) had a difficult time in 2022, squeezed by higher supply costs and softening demand. Jeld-Wen makes windows, doors, and wall systems for interior and exterior applications. The housing market hasn't yet rebounded, but Jeld-Wen appears to be managing through the softness better than expected.