Steel Dynamics (STLD) Laps the Stock Market: Here's Why
STLDSteel Dynamics(STLD) Zacks Investment Research·2024-03-01 08:16

In the latest trading session, Steel Dynamics (STLD) closed at $133.82, marking a +1% move from the previous day. This change outpaced the S&P 500's 0.52% gain on the day. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq increased by 0.9%.Shares of the steel producer and metals recycler witnessed a gain of 9.78% over the previous month, beating the performance of the Basic Materials sector with its loss of 0.45% and the S&P 500's gain of 3.85%.Analysts and investors a ...