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Why Shares of Nucor Are Soaring This Week

Why Shares of Nucor Are Soaring This Week

After inching 2.5% higher last week, shares of Nucor (NYSE: NUE) are downright soaring so far this week. Since the market's close last Friday, Nucor's stock is up 9.7% as of the market close on Thursday. Beating analysts top-line estimate of $8.31 billion, Nucor reported revenue of $8.79 billion for Q2 2021 last week.