Nucor stock slips 3.21% in broad market downturn

9 articles · Updated · MarketWatch · May 7

Shares closed at $226.70 on Thursday, while the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97.
The decline ended a two-day winning streak, though Nucor still outperformed Steel Dynamics, down 3.69%, and trailed only Reliance, which fell 1.96%.
Nucor finished 3.71% below its 52-week high of $235.44 set on May 6, with trading volume of 1.5 million slightly under its 50-day average.

With a $446 intrinsic value estimate, why do analysts' targets for Nucor lag so far behind its current market price?

How vulnerable are Nucor's record profits to a sudden shift in the US administration's protective steel tariff policies?

Nucor is betting billions on 'green steel.' Can this strategy truly insulate it from the industry's historic boom-and-bust cycles?