DJ Steel Dynamics Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Steel Dynamics Inc. (STLD) inched 0.05% higher to $115.75 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
This was the stock's second consecutive day of gains.
Steel Dynamics Inc. closed $39.81 below its 52-week high ($155.56), which the company reached on November 6th.
The stock outperformed some of its competitors Monday, as Nucor Corp. $(NUE)$ rose 0.03% to $116.61.
Trading volume (1.3 M) remained 180,423 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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December 23, 2024 17:17 ET (22:17 GMT)
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