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Why is Ryerson Holding Corp (RYI) Stock down?

01 Aug, 2023:

Ryerson Holding Corporation (RYI) stock tumbled 16.57% to $35.45 after the company reported worse-than-expected second-quarter financial results and issued third-quarter guidance. The company is seeing increasing headwinds in some of its key markets, and both earnings and revenue fell year over year as a result.

https://www.benzinga.com/news/23/08/33502711/why-aarons-shares-are-trading-lower-by-over-9-here-are-other-stocks-moving-in-tuesdays-mid-day-sessi

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