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News  ›  The Motley Fool

What a $5.3 Million Sell-Off Means for Worthington Steel Amid 60% Stock Slide

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
What a $5.3 Million Sell-Off Means for Worthington Steel Amid 60% Stock Slide

Meros Investment Management fully exited its position in Worthington Steel in Q3, selling shares worth $5.3 million. Despite the sell-off, the company shows improving fundamentals with recent revenue growth and stable earnings.

Insights
GOOGL   positive

Growing search revenue, strong cloud computing business running AI workloads, currently undervalued compared to tech peers


WS   neutral

The company demonstrates mixed performance with 5% revenue growth and improved earnings, but has experienced a significant stock price decline of 18% over the past year