Steel Dynamics Inc. Stock Underperforms Monday When Compared To Competitors
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Steel Dynamics Inc. (STLD) shares fell 1.47% to $172.88 on Monday, underperforming in a weak market where the S&P 500 dropped 0.35% and the Dow Jones fell 0.51%. The stock is 3.07% below its 52-week high of $178.36. Competitors Nucor Corp. (NUE), Cleveland-Cliffs Inc. (CLF), and Reliance Inc. (RS) also experienced declines. Trading volume was significantly below the 50-day average, with 727,040 shares traded.
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