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The filed complaint alleges that Owens Corning made materially false and/or misleading statements and/or failed to disclose that: Owens Corning issued a press release on November 5, 2025, announcing its financial results for the third quarter of 2025. Among other items, Owens Corning reported a net loss of $495 million, or $5.93 per diluted share, compared to net income of $287 million, or $3.26 per share, for the same period in 2025. The net loss reflected a $780 million non-cash impairment charge tied to the Company's doors business. Owens Corning projected that soft residential markets and reduced storm-related roofing demand will weigh on fourth-quarter results, with revenue expected to decline to between $2.1 billion and $2.2 billion. Following this news, Owen Corning's stock price fell over 9% on November 5, 2025.
In order to be eligible to join the OC class action lawsuit, you must have incurred a loss on shares of Owens Corning purchased during the class period listed above.
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