Geopolitics Alpha

Algoma Steel Group (NasdaqGM:ASTL) Stock Ignores Q3 Earnings Losses

Published . Updated .

GEOPOLITICS ALPHAAlgoma Steel Group (NasdaqGM:ASTL)Stock Ignores Q3 Earnings LossesASTLGEOPOLITICS ALPHA

This report is about steel.

Directly affected

  • ASTL Algoma Steel Group

    Named in this report.

Indirectly affected

  • SLX VanEck Steel ETF-2.8% 16d

    VanEck Steel ETF: it holds steelmakers. Linked by “steel” (steel) in this story.

  • NUE Nucor+10.8% 30d

    Nucor (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • STLD Steel Dynamics+9.0% 30d

    Steel Dynamics (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • CLF Cleveland-Cliffs+20.9% 30d

    Cleveland-Cliffs (metal mining): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • ATI Ati-12.7% 30d

    Ati (steel pipe and tubes): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ASTL-4.82%-3.61%base-4.22%-0.40%after closeafter close
SLX+2.66%+0.00%base+0.00%—after closeafter close
NUE-6.13%-1.59%base-0.61%+0.92%after closeafter close
STLD-4.70%-2.63%base-1.09%-0.68%after closeafter close
CLF-2.70%-2.66%base-0.11%-0.04%after closeafter close
ATI-10.27%-5.00%base-5.30%-0.22%after closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Algoma Steel Group (NasdaqGM:ASTL) Stock Ignores Q3 Earnings Losses Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
ASTLthat day-4.22%final price
ASTLthe next day-0.40%final price
ASTLthree days earlier-3.61%final price
ASTLfive days earlier-4.82%final price
ATIthat day-5.30%final price
ATIthe next day-0.22%final price
ATIthree days earlier-5.00%final price
ATIfive days earlier-10.27%final price
CLFthat day-0.11%final price
CLFthe next day-0.04%final price
CLFthree days earlier-2.66%final price
CLFfive days earlier-2.70%final price
NUEthat day-0.61%final price
NUEthe next day+0.92%final price
NUEthree days earlier-1.59%final price
NUEfive days earlier-6.13%final price
SLXthat day0.00%final price
SLXthree days earlier0.00%final price
SLXfive days earlier+2.66%final price
STLDthat day-1.09%final price
STLDthe next day-0.68%final price
STLDthree days earlier-2.63%final price
STLDfive days earlier-4.70%final price

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Algoma Steel Group (NasdaqGM:ASTL) Stock Ignores Q3 Earnings Losses” scores 12 out of 100. The score uses 1 sources.