Tiger Brokers

Nucor Corp. Stock Advances 4.8%, Outperforms Market

Dow Jones
Sep 03

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Nucor Corp. advanced 4.8% to $263.97 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.5% to 7,666.60 and the Dow Jones Industrial Average rising 0.6% to 53,061.95.

This was the stock's second consecutive day of gains.

Nucor Corp. closed 5.8% below its 52-week high of $280.11, which the company reached on August 5th.

The stock demonstrated a mixed performance when compared to some of its peers, as Steel Dynamics Inc. rose 5.8% to $247.64, Reliance Inc. rose 2.6% to $400.21.

Trading volume totaled 1.2 million, compared to the 50-day average of 1.5 million.

Data source: Dow Jones Market Data, FactSet

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