December 23, 2024

Steelmaker Nucor’s stock extends selloff after a profit warning

 Steelmaker Nucor’s stock extends selloff after a profit warning

Steelmaker Nucor’s stock extends selloff after a profit warning

Nucor’s stock was headed for a 7-month low on Friday, after the steel and steel-products maker warned of a second-quarter earnings shortfall, citing weakness at its steel mills business.