Radius Recycling, Inc. - Class A Common Stock (RDUS)
27.81
+14.15 (103.59%)
Radius Recycling Inc is a company focused on sustainable practices in the recycling industry
It specializes in the collection, processing, and repurposing of various recyclable materials, contributing to reducing waste and promoting environmental conservation. The company employs advanced technologies to enhance the efficiency of its recycling methods, aiming to transform discarded materials into valuable resources. Through its operations, Radius Recycling Inc not only supports local communities by promoting green initiatives but also plays a crucial role in the circular economy by ensuring that materials are reused and kept out of landfills.
Stay up-to-date with the latest market trends one hour before the close of the markets on Friday. Explore the top gainers and losers during today's session in our detailed report.
Looking for insights into the US markets in the middle of the day on Friday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
As the regular session of the US market on Thursday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Radius Recycling reported lower first-quarter revenue of $656.54 million, missing consensus of $665.6 million. Nonferrous prices rose, offsetting weaker domestic steel conditions. Adjusted loss per share was $(1.33), missing consensus. The company declared a dividend of $0.1875 per share.
U.S. equities were little moved on Tuesday as investors continued to assess the potential for interest rate cuts following the latest economic data and comments from Fed Chair Jerome Powell.
Market sentiment improved as Nasdaq gains record level. S&P 500 and Dow Jones also rose, while some sectors closed negatively. Fear & Greed Index at 48.1.
Regulatory Approvals For U.S. Steel Deal; BHP-Anglo American Deal Falls Through; U.S. GoldMining Sustainability Highlights And More: Thursday's Top Mining Stories
Top Stories for March 15, 2024: 1. Cleveland-Cliffs CEO considering lower bid for U.S. Steel backed by union, while Tredegar Corporation reports financial losses in fourth quarter. 2. Radius Recycling shares preliminary results for fiscal second quarter of 2024.
