Tiger Brokers

Nucor Corp. Stock Rallies 7.2%, Outperforms Peers

Dow Jones
Jul 29

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

Shares of Nucor Corp. advanced 7.2% to $265.62 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,428.78 and the Dow Jones Industrial Average rising 1.0% to 52,747.32.

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

Nucor Corp. closed 1.9% below its 52-week high of $270.90, which the company achieved on June 15th.

The stock outperformed some of its peers, as Steel Dynamics Inc. rose 3.8% to $259.74, Reliance Inc. rose 2.5% to $414.33.

Trading volume totaled 2.5 million, compared to the 50-day average of 1.6 million.

Data source: Dow Jones Market Data, FactSet

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