When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
AK Steel (AKS) shares followed a grim tradition of falling after the release of the earnings report. The chart says it all:
This time, the main problem was that AK Steel warned of rising expenses that could mitigate the positive impact from improving steel prices. Higher expenses are good news for suppliers like Cleveland-Cliffs (CLF) but if AK Steel cannot raise revenue enough to outpace them it’s definitely a problem.
For the fourth quarter of 2017, AK Steel reported a GAAP loss of $0.34 per share, primarily impacted by an