Nucor Corporation (NYSE: NUE) shares are trading higher by 4.41% at $176.72 after the company reported better-than-expected first-quarter EPS and sales results.
Someone with a lot of money to spend has taken a bullish stance on Nucor (NYSE:NUE).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Nucor Corporation (NYSE:NUE) announced today that it will build a new rebar micro mill in Lexington, North Carolina, which is located in Davidson County. This will be Nucor's third rebar micro mill, joining
Investment from the preeminent U.S. steel manufacturer increases total committed PIPE investment to $236 million
In total since the merger announcement in December, $165 million of NuScale equity has been
Nucor Corporation's (NYSE:NUE) short percent of float has risen 3.13% since its last report. The company recently reported that it has 8.79 million shares sold short, which is 3.29% of all regular shares that are available for trading.
Nucor (NYSE:NUE) has outperformed the market over the past 20 years by 4.61% on an annualized basis producing an average annual return of 11.88%. Currently, Nucor has a market capitalization of $39.21 billion.