Nucor's Trading Volume Plummets 55.89% to $538 Million, Ranked 165th Despite 4.42% Stock Price Increase

Generated by AI AgentAinvest Market Brief
Monday, Mar 24, 2025 8:01 pm ET1min read
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On March 24, 2025, Nucor's trading volume was $538 million, a significant decrease of 55.89% from the previous day, ranking 165th in the day's stock market activity. Nucor's stock price increased by 4.42%.

UBS has upgraded Nucor's stock rating to Buy from Neutral, raising the price target to $160 from $156. This upgrade reflects a positive outlook on the company's performance, driven by factors such as tariff support and higher price expectations in the steel industry. The upgrade is likely to boost investor confidence in NucorNUE--, potentially leading to increased demand for its shares.

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