DJ Steel Dynamics Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Steel Dynamics Inc. (STLD) rose 1.07% to $127.72 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
The stock's rise snapped a two-day losing streak.
Steel Dynamics Inc. closed 17.90% short of its 52-week high of $155.56, which the company achieved on November 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nucor Corp. $(NUE)$ rose 2.30% to $132.49, Cleveland-Cliffs Inc. $(CLF)$ rose 6.02% to $10.04, and Reliance Inc. $(RS)$ rose 0.75% to $283.33.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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March 05, 2025 17:09 ET (22:09 GMT)
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