DJ Steel Dynamics Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Steel Dynamics Inc. (STLD) rallied 2.73% to $128.74 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.05% to 5,921.54 and the Dow Jones Industrial Average rising 1.78% to 42,343.65.
The stock's rise snapped a four-day losing streak.
Steel Dynamics Inc. closed 17.24% below its 52-week high of $155.56, which the company reached on November 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Nucor Corp. $(NUE)$ rose 0.82% to $109.38, Cleveland-Cliffs Inc. $(CLF)$ fell 1.54% to $6.38, and Reliance Inc. $(RS)$ rose 2.83% to $300.24.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2025.
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May 27, 2025 17:09 ET (21:09 GMT)
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