DJ Steel Dynamics Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Steel Dynamics Inc. (STLD) inched 0.03% higher to $117.09 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.07% to 43,325.80 and the S&P 500 Index falling 0.04% to 6,037.59.
This was the stock's fourth consecutive day of gains.
Steel Dynamics Inc. closed $38.47 below its 52-week high ($155.56), which the company reached on November 6th.
The stock underperformed when compared to some of its competitors Thursday, as Nucor Corp. $(NUE)$ rose 1.03% to $118.64.
Trading volume (756,949) remained 710,182 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 26, 2024.
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December 26, 2024 17:17 ET (22:17 GMT)
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