Nucor (NUE) jumps 3% on better than expected guidance. The largest US steel manufacturer raised guidance for the current quarter. Rival Steel Dynamic followed these remarks by lowering guidance so either the steel tariffs are working or Nucor is stealing market share.
Zoetis (ZTS) hit with a downgrade. The animal health medicines company is down 3% as Stifel lowered their estimates and price target as the analyst expects revenue growth to decelerate with increased competition from rivals like Merck.
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