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Reliance Steel & Aluminum Co. (RS) Shares Cross Below Book Value
Edited by : AL CIRCLE
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In trading on Friday, shares of Reliance Steel & Aluminum Co. (NYSE:RS) crossed below their last reported book value — defined as common shareholder equity per share — of $40.37, changing hands as low as $39.17 per share. Reliance Steel & Aluminum Co. shares are currently trading off about 3.3% on the day.
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