DJ Steel Dynamics Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Steel Dynamics Inc. (STLD) slid 1.26% to $115.29 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's eighth consecutive day of losses.
Steel Dynamics Inc. closed $40.27 short of its 52-week high ($155.56), which the company reached on November 6th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Nucor Corp. $(NUE)$ fell 1.85% to $115.78.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:16 ET (22:16 GMT)
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