Previous close | 4.1200 |
Open | 4.4500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 185.00 |
Expiry date | 2025-01-17 |
Day's range | 4.1200 - 4.4500 |
Contract range | N/A |
Volume | |
Open interest | 2.79k |
Financial forecasts from Steel Dynamics and Nucor show weakening profitability for U.S. steel makers.
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...