This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Steel Dynamics Inc. slid 3.5% to $125.32 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.7% to 5,802.82 and Dow Jones Industrial Average falling 0.6% to 41,603.07.
This was the stock's fourth consecutive day of losses.
Steel Dynamics Inc. closed 19.4% below 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, as Nucor Corp. fell 2.0% to $108.49, Cleveland-Cliffs Inc. fell 7.0% to $6.48, and Reliance Inc. fell 0.90% to $291.98.
Trading volume totaled 3.2 million, compared to the 50-day average of 1.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 23, 2025 16:34 ET (20:34 GMT)
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