
STLD · Nasdaq
Steel Dynamics rose $5.36, or 2.06%, from $259.74 to $265.10 over the reported week. The stock first fell sharply to $252.34 on July 29, was nearly flat on July 30, and slipped to $251.26 on July 31 before reversing higher. It gained $7.12 over August 3-4, including a $6.72 advance on August 4 that more than recovered the prior decline. The only supplied company-specific development was Steel Dynamics’ appointment of Theresa Wagler as president and CEO effective January 1, 2027, when Mark Millett becomes executive chairman. The evidence does not establish whether that announcement drove the rally; no broader market or additional company-specific catalyst was supplied.