James Hardie Shares Crash 30% After US Housing Market Warning

James Hardie, the global building materials giant, faced a shocking market jolt recently. Its shares tumbled a massive 30% after the company warned of a slowdown in the US housing market. We know that James Hardie earns a significant portion of its revenue from the United States, making it highly sensitive to housing trends. Rising mortgage rates, slowing home construction, and tighter lending conditions are putting pressure on builders and suppliers alike. We will explore what triggered the share crash, how investors are reacting, and what the future might hold for James Hardie amid these challenging market conditions. We will break down the numbers, market trends, and company responses to give you a clear picture of the situation.