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AK Steel Holding Corporation (AKS) Stock Soars After Strong Earnings Beat

AK Steel Holding Corporation (NYSE:AKS) stock was flying high on Tuesday following the release of its earnings report for the second quarter of 2017.

AKS stock got a boost today after it reported earnings per share of 19 cents for the second quarter of the year. This is an increase over AK Steel Holding Corporation’s earnings per share of 8 cents from the same time last year. It also came in above Wall Street’s earnings per share estimate of 12 cents for the quarter.

Revenue of $1.56 billion in the second quarter of 2017 was also a boon to...