DJ Steel Dynamics Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Steel Dynamics Inc. (STLD) rose 1.09% to $113.15 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,942.47 and the Dow Jones Industrial Average rising 0.80% to 42,732.13.
Steel Dynamics Inc. closed $42.41 below its 52-week high ($155.56), which the company achieved on November 6th.
The stock outperformed some of its competitors Friday, as Nucor Corp. $(NUE)$ rose 0.85% to $115.45.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 3, 2025.
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(END) Dow Jones Newswires
January 03, 2025 17:17 ET (22:17 GMT)
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