- Bank of America Corp DE decreased its stake in Nucor Corporation by 5.3% during the first quarter, while other institutional investors and company insiders also adjusted their holdings.
- Nucor reported a strong quarterly financial performance with $4.84 EPS and $10.40 billion in revenue, beating consensus estimates and showing year-over-year growth.
- Several major financial institutions updated their price objectives and ratings for Nucor, reflecting a consensus moderate buy rating on the stock.