On August 21, Nucor rose 3.23% in regular trading, trading at $247.37/share, with turnover of $57.11 million. The steel sector staged a broad rebound, with Cleveland-Cliffs up 6.38%, ArcelorMittal up 3.61%, Steel Dynamics up 3.57%, Vale up 2.49%, and Reliance Steel up 1.64%.

The recovery follows several sessions of sharp declines after Berkshire Hathaway's latest 13F filing revealed consecutive quarters of aggressive position reduction in Nucor — approximately 39% in Q1 and over half of the remaining stake in Q2 — which had weighed heavily on market sentiment. Meanwhile, Argus recently raised its price target on Nucor from $262 to $303 while maintaining a Buy rating, with the analyst consensus mean target standing at $287.07, well above current trading levels.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)