DJ Steel Dynamics Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Steel Dynamics Inc. (STLD) rose 2.22% to $135.83 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.01% to 6,114.63 and Dow Jones Industrial Average falling 0.37% to 44,546.08.
This was the stock's second consecutive day of gains.
Steel Dynamics Inc. closed 12.68% short of its 52-week high of $155.56, which the company reached on November 6th.
The stock outperformed some of its competitors Friday, as Nucor Corp. $(NUE)$ rose 1.64% to $137.77, Cleveland-Cliffs Inc. $(CLF)$ rose 0.79% to $11.48, and Reliance Inc. $(RS)$ rose 2.21% to $297.69.
Trading volume (1.6 M) remained 107,867 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2025.
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February 14, 2025 17:08 ET (22:08 GMT)
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