This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Steel Dynamics Inc. jumped 10.3% to $135.71 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.4% to 5,935.94 and the Dow Jones Industrial Average rising 0.1% to 42,305.48.
The stock's rise snapped a three-day losing streak.
Steel Dynamics Inc. closed 12.8% 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, as Nucor Corp. rose 10.1% to $120.40, Cleveland-Cliffs Inc. rose 23.2% to $7.18, and Reliance Inc. rose 3.10% to $301.91.
Trading volume totaled 3.3 million, compared to the 50-day average of 1.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 02, 2025 16:33 ET (20:33 GMT)
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