Nucor (NUE +2.6%) continues to climb, despite saying earlier that it expects Q3 earnings to slip...

|About: Nucor Corporation (NUE)|By:, SA News Editor

Nucor (NUE +2.6%) continues to climb, despite saying earlier that it expects Q3 earnings to slip Q/Q due to lower steel prices and metal margins as well as continuing high raw material costs. Current price action indicates that the news has already been baked-in, since the company warned of lower profits when it reported its Q2 in July.