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Nucor Stock Slips After Steel Name Cuts Q3 Guidance
纽柯钢铁纽柯钢铁(US:NUE) Schaeffers Investment Research·2025-09-18 14:50

Steel stock Nucor Corp (NYSE:NUE) was last seen down 4.1% at 136.95,afterthecompanycutitsthirdquarterguidancetoarangeof 136.95, after the company cut its third-quarter guidance to a range of 2.05 to 2.15pershare,expectingearningstodecreaseinallthreeofitsoperatingsegments.Inresponse,WellsFargolowereditspricetargetto2.15 per share, expecting earnings to decrease in all three of its operating segments. In response, Wells Fargo lowered its price target to 140 from 146. ThoughtodaysdrophasNucorstockfallingbelowrecentsupportatthe60daymovingaverage,afamiliarflooratthe146. Though today's drop has Nucor stock falling below recent support at the 60-day moving average, a familiar floor at the 135 level -- which has been in place since early-July -- captured today's lows. Year to date, ...