Tag: NUE stock
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Nucor Earnings Beat Lifts Shares Despite Price Pressure
Nucor Corp. (NYSE: NUE) delivered strong third-quarter earnings on October 28. NUE stock was up nearly 5.5% in the final hour of trading after the company posted a beat on the top and bottom lines. Even with the company guiding for lower revenue and earnings in the current quarter, investors liked what they heard. Revenue of $8.52 billion beat estimates for…