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Why Nucor Shares Are Trading Lower? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga · Apr 23 13:53

ABEO +13.02% AZTR +2.96% BE +3.15% CALX +2.21% CAN -4.41%

Shares of Nucor Corporation (NYSE:NUE) fell sharply during Tuesday's session after the company reported worse-than-expected quarterly financial results.

Nucor reported quarterly earnings of $3.46 per share which missed the analyst consensus estimate of $3.65. Quarterly sales came in at $8.14 billion, missing the analyst consensus estimate of $8.26 billion, according to data from Benzinga Pro.

Nucor shares tumbled 6.5% to $179.20 on Tuesday.

Here are some other stocks moving in today's mid-day session.

Gainers

Cyngn Inc.(NASDAQ:CYN) shares jumped 100% to $0.2419 after the company announced that it has been chosen to supply its DriveMod Tuggers for industrial automation to John...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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