On August 18, Nucor fell 3.01% in regular trading, trading at $265.08/share, with turnover of approximately $39.96 million. The decline was triggered by Berkshire Hathaway's latest 13F filing revealing continued heavy selling of the stock.

According to the newly disclosed Q2 holdings report, Berkshire Hathaway slashed its remaining Nucor position by more than half during the second quarter. This follows a roughly 39% reduction in Q1, marking two consecutive quarters of significant liquidation by one of the world's most closely watched institutional investors. The sustained selling signal has weighed on market sentiment surrounding the stock.

The broader Steel & Iron sector exhibited weakness on the same day, with Cleveland-Cliffs down 4.14%, Steel Dynamics down 2.75%, and ArcelorMittal down 2.70%, while Vale SA rose 1.35% and Alpha Metallurgical Resources gained 0.51%. Notably, Nucor reported strong Q2 results in late July, posting adjusted EPS of $4.84 versus analyst estimates of $4.38-$4.46, representing an 86% year-over-year increase, with revenue of $10.40 billion also beating expectations. The company guided for higher Q3 earnings, yet institutional selling pressure appears to be overriding the positive fundamental backdrop.

(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.)