DJ Steel Dynamics Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Steel Dynamics Inc. (STLD) advanced 4.61% to $136.53 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 3.26% to 5,844.19 and the Dow Jones Industrial Average rising 2.81% to 42,410.10.
This was the stock's second consecutive day of gains.
Steel Dynamics Inc. closed 12.23% short of 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 Monday, as Nucor Corp. $(NUE)$ rose 4.25% to $120.12, Cleveland-Cliffs Inc. $(CLF)$ rose 7.29% to $7.51, and Reliance Inc. $(RS)$ rose 2.74% to $304.45.
Trading volume (1.6 M) remained 243,372 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2025.
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May 12, 2025 17:07 ET (21:07 GMT)
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