Ryerson Holding shares are trading lower after the company reported worse-than-expected Q2 financial results and issued Q3 guidance.
Portfolio Pulse from Benzinga Newsdesk
Ryerson Holding's shares are trading lower following the company's Q2 financial results, which were below expectations. The company also issued Q3 guidance.
August 04, 2023 | 10:00 am
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NEGATIVE IMPACT
Ryerson Holding's stock price is falling due to worse-than-expected Q2 results and Q3 guidance.
Ryerson Holding's Q2 financial results were below market expectations, which has led to a decrease in the company's stock price. The company's Q3 guidance may also have contributed to the negative market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100