DJ Steel Dynamics Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Steel Dynamics Inc. (STLD) advanced 1.87% to $133.15 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 43,461.21 and the S&P 500 Index falling 0.50% to 5,983.25.
The stock's rise snapped a three-day losing streak.
Steel Dynamics Inc. closed 14.41% below its 52-week high of $155.56, which the company reached on November 6th.
The stock outperformed some of its competitors Monday, as Nucor Corp. $(NUE)$ rose 0.70% to $136.18, Cleveland-Cliffs Inc. $(CLF)$ fell 1.76% to $11.15, and Reliance Inc. $(RS)$ fell 0.61% to $299.21.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.
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(END) Dow Jones Newswires
February 24, 2025 17:10 ET (22:10 GMT)
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