Steel Dynamics Inc. Stock Underperforms Thursday When Compared To Competitors
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Steel Dynamics Inc. (STLD) shares fell 4.97% to $175.10 on Thursday, underperforming compared to competitors like Nucor Corp. (NUE), Cleveland-Cliffs Inc. (CLF), and Reliance Inc. (RS). The S&P 500 Index and Dow Jones Industrial Average also declined by 1.52% and 1.56%, respectively. STLD is currently 16.01% below its 52-week high of $208.47 reached on February 11. Trading volume was 1.2 million, below the 50-day average of 1.3 million.
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