🔴 Nucor is trading 4.38% down on guidance below analyst expectations

Nucor is trading at $252.96, down 4.38%, as its third-quarter earnings guidance came in below analyst expectations.

• The September 17 guidance was $5.55–$5.65 per share, ahead of Nucor’s October 26 results.
• Broader risk-off trading on October 22, amid geopolitical tensions and surging oil, also pressured stocks; the S&P 500 was down 1.11% and the Nasdaq was down 1.90%.