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Steel prices fire up Stelco stock while investors respond send share prices down at Real Matters. Here are the past week’s winners and losers
Stelco’s share prices reflected the increase in the benchmark as suggested by an almost seven per cent appreciation in share price by market close Wednesday. Investors were pleased with the news, sending the share price up almost four per cent on Thursday. Investors did not respond well to the results, sending the share price down more than five per cent on Thursday. Despite the revenue growth, investors sent the share price down almost five per cent on Wednesday. Despite the company’s strong results, investors expected more, sending the share price down more than three per cent on Thursday.
Source: thestar August 02, 2021 10:52 UTC
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