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FNY Investment Advisers LLC Makes New Investment in Nucor Corporation $NUE
FNY Investment Advisers LLC initiated a new position in Nucor (NYSE: NUE) during Q4, purchasing 12,200 shares valued at approximately $1.99 million. Nucor recently authorized a $4.00 billion share buyback and declared a quarterly dividend of $0.56 per share. Despite missing Q4 earnings and revenue estimates, analysts maintain a “Moderate Buy” rating with a target price of around $190.30.