DJ Steel Dynamics Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Steel Dynamics Inc. (STLD) rallied 4.34% to $122.49 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Steel Dynamics Inc. closed 21.26% below its 52-week high of $155.56, which the company reached on November 6th.
The stock outperformed some of its competitors Wednesday, as Nucor Corp. $(NUE)$ rose 2.11% to $111.93, Cleveland-Cliffs Inc. $(CLF)$ rose 4.14% to $7.54, and Reliance Inc. $(RS)$ rose 1.08% to $283.11.
Trading volume (2.0 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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(END) Dow Jones Newswires
April 23, 2025 17:07 ET (21:07 GMT)
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