Previous close | 7.80 |
Open | 6.90 |
Bid | 7.10 |
Ask | 7.40 |
Strike | 150.00 |
Expiry date | 2024-07-19 |
Day's range | 6.80 - 6.90 |
Contract range | N/A |
Volume | |
Open interest | 34 |
Financial forecasts from Steel Dynamics, United States Steel, and Nucor show weakening profitability for U.S. producers of the metal.
Nucor Corporation (NYSE: NUE) today announced guidance for its second quarter ending June 29, 2024. Nucor expects second quarter earnings to be in the range of $2.20 to $2.30 per diluted share. Nucor reported net earnings of $3.46 per diluted share in the first quarter of 2024 and $5.81 per diluted share in the second quarter of 2023.
It is hard to get excited after looking at Nucor's (NYSE:NUE) recent performance, when its stock has declined 15% over...