One of the many non-financial corporations based in Charlotte is Nucor. While at the airport, we saw their private jet being stowed in the hangar. The registration on the tail was how I discovered the owner.
Nucor is a competitor of Steel Dynamics, which I wrote about around 2 years ago. They gather up scrap steel and take it to electric arc furnaces.
Since I followed my hunch, the stock is down 7%.
Nucor earnings doubled because of tariffs on imported steel
https://www.thestreet.com/amp/investing/stocks/nucor-stock-rises-on-nearly-doubled-earnings-quarter-to-quarter-14656044
Would watching corporate jets at the airport be considered insider trading?