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Why Jeld-Wen Shares Are Falling Today

Higher costs and softening demand caused building products company Jeld-Wen Holdings (NYSE: JELD) to miss analysts' Q2 earnings expectations. Investors aren't optimistic there will be a quick rebound, sending Jeld-Wen shares down 14% as of 1:12 p.m. ET. Jeld-Wen is a manufacturer of interior and exterior building products, including windows, doors, and wall systems.