After-hours movers: Nucor, Graco, 89bio Inc
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After-hours movers:
Nucor (NYSE: NUE) rose 2% after it reported fourth quarter results that beat analyst estimates on the top and bottom line. It reported fourth quarter and full year 2024 diluted EPS of $1.22 and $8.46, respectively, and net sales of $7.08 billion and $30.73 billion.
89bio Inc. (NASDAQ: ETNB) fell 8% after it announced that it has commenced an underwritten public offering of $250.0 million of shares of its common stock or, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock.
Graco (NYSE: GGG) fell 7% after it published fourth quarter results that trailed estimates. Net sales for the fourth quarter decreased 3 percent, with decreases in all regions
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