DJ Steel Dynamics Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Steel Dynamics Inc. (STLD) slid 1.37% to $134.97 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.01% to 5,970.81 and the Dow Jones Industrial Average falling 0.22% to 42,427.74.
The stock's fall snapped a two-day winning streak.
Steel Dynamics Inc. closed 13.24% short of its 52-week high of $155.56, which the company reached on November 6th.
The stock underperformed when compared to some of its competitors Wednesday, as Nucor Corp. $(NUE)$ fell 0.38% to $121.86, Cleveland-Cliffs Inc. $(CLF)$ fell 0.26% to $7.54, and Reliance Inc. $(RS)$ rose 0.11% to $308.57.
Trading volume (1.2 M) remained 404,340 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 4, 2025.
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June 04, 2025 17:09 ET (21:09 GMT)
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