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The Motley FoolThe Motley Fool··Jonathan Ponciano

Angelo Gordon Bets $32M on Quanex Despite Quarterly Loss, Stock Rallies 15%

Angelo Gordon invested $31.6M in Quanex Building Products amid quarterly losses, with the stock surging 15% year-to-date, signaling contrarian conviction on housing recovery.
NXinstitutional investmenthousing market