Nucor Corporation Surges to 239th in Daily Trading Volume with $400 Million in Shares Exchanged

On June 13, 2025, Nucor Corporation (NUE) saw a significant increase in trading volume, with a total of $400 million in shares exchanged, marking a 58.92% rise from the previous day. This surge in trading volume placed Nucor at the 239th position in terms of daily trading volume. The stock price of Nucor rose by 2.93%, marking the second consecutive day of gains, with a total increase of 4.09% over the past two days.

BMO Capital Markets upgraded Nucor from a "market perform" rating to an "outperform" rating, indicating a positive outlook for the company's stock performance. This upgrade suggests that analysts at BMO Capital Markets expect Nucor to outperform the broader market in the near future.

Nucor's steel mills segment reported a 10% increase in shipments, reaching 6.4 million tonnes. This growth was driven by higher domestic demand and rising spot prices for hot-rolled coil, which is a key indicator of the company's operational efficiency and market demand.

Nucor's stock price has shown positive momentum, with gains in 7 out of the last 10 trading days and an overall increase of 11.49% over the past two weeks. The rising volume along with the price increase is seen as a positive technical signal, suggesting strong investor interest and confidence in the stock.

Analysts have given Nucor a "Strong Buy" rating, with an average 12-month stock price forecast of $157.88, representing a 29.50% increase from the current price. This optimistic outlook is based on the company's strong fundamentals and positive market trends.