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home / news releases / AKS - Why AK Steel Stock Dropped 12% Today

AKS - Why AK Steel Stock Dropped 12% Today

AK Steel Holding Corporation

Shares of AK Steel (NYSE: AKS) closed down 11.6% on Thursday, one day after the company disappointed investors with its Q3 2019 earnings report.

Expected by analysts to report $0.04 per share in profit on sales of $1.65 billion, AK instead reported only $1.54 billion in sales, and a mere $0.01 per share in profit.  

Image source: Getty Images.

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Stock Information
Company Name: AK Steel Holding Corporation
Stock Symbol: AKS
Market: NYSE
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