Ak Steel (aks) Stock Continues To Rise Today After Strong Fourth-quarter Guidance

NEW YORK (TheStreet) -- Shares of AK Steel continue to rise, up 5.48% to $6.35 in early afternoon trading Friday, after the steel manufacturer announced its fourth-quarter guidance on Thursday that beat analysts' expectations. AK Steel said it anticipates earnings in the range of 5 cents to 10 cents a share for the fourth quarter even after factoring in $31 million in costs linked to a scheduled blast furnace outage at its Ashland Works plant.

 

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