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Reliance Steel Below Support
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Reliance Steel & Aluminum Co. (RS) dropped nearly 4% in the afternoon session to trade below support at $32.69. The consensus estimate on the company’s full-year earnings has fallen by 19 cents per share to $2.62 in the past week. RS is a Zacks#5 Rank (“Strong Sell”) stock.
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| Market Summary | Feb 10, 2012 02:45 am ET |
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