AK Steel (AKS) shares gyrate in premarket trading after issuing weaker Q3 guidance; now +0.9%...

|About: AK Steel Holding Corp (AKS)|By:, SA News Editor

AK Steel (AKS) shares gyrate in premarket trading after issuing weaker Q3 guidance; now +0.9% after initially sliding sharply. AKS foresees a net EPS loss of $0.60-$0.65 in Q3, expecting shipments of ~1.375M tons in the quarter, or ~3% higher Q/Q, and average per-ton selling price ~7% lower Q/Q.