Owens Corning Trading Volume Surges to $272 Million Ranking 356th Despite Stock Price Decline

On May 7, 2025, Owens Corning (OC) experienced a significant increase in trading volume, reaching $272 million, marking a 50.12% rise from the previous day. This surge placed the company's trading volume at the 356th position in the overall market. However, the stock price of Owens Corning declined by 8.57%, marking the third consecutive day of decline, with a total decrease of 11.74% over the past three days.

Owens Corning reported strong financial performance for the first quarter of 2025, with revenue from continuing operations expected to grow at a high single-digit percentage compared to the previous year's adjusted revenue of $2.5 billion. The company's Roofing business posted first-quarter revenue of $1.1 billion, a 2% increase from the prior year, with an impressive EBITDA of $332 million and a 30% EBITDA margin. Despite lower sales volumes, operating income increased to $143 million in the first quarter of 2025, compared to $124 million in the corresponding period last year.

Looking ahead, Owens Corning projects high single-digit revenue growth for the second quarter of 2025, driven by capacity expansions. This positive outlook is supported by the company's strong financial performance in the first quarter and its strategic initiatives to enhance operational efficiency and market presence.