Trump's first year as President initially looked like a home run for business. Then things got complicated [Fortune]
Steel Dynamics, Inc. (STLD)
Last steel dynamics, inc. earnings: 4/20 06:00 pm
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US:NASDAQ Investor Relations:
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Source: Fortune
Steel, Nucor , and Steel Dynamics all surged the moment trading opened. It was an eerie, almost exact replay of what had happened after Trump's surprise win eight years earlier. Then as now, investors stampeded into those same steel companies, hopeful that deliverance had finally come to a Rust Belt industry in distress. But what happened last time around is a warning for investors, business leaders, and the incoming Trump administration. Those steel stocks that jumped so encouragingly eight years ago continued to rocket for a while; U.S. Steel's shares more than doubled. Yet within three years, with new steel tariffs in place, America's major steel stocks had lost all their gains and were trading below where they had been before the election. The steelmakers' saga is a microcosm of Trump's record with U.S. business during his first term. All the key issues then—tariffs, immigration, taxes, regulation—are front and center now. As he staffs his administration and strategizes what a
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STLD
News
- Steel Dynamics, Inc. (NASDAQ: STLD) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Stock Market News for Feb 11, 2025 [Yahoo! Finance]Yahoo! Finance
- Steel Dynamics, Inc. (NASDAQ: STLD) was upgraded by analysts at KeyCorp from a "sector weight" rating to an "overweight" rating. They now have a $155.00 price target on the stock.MarketBeat
- Morning Bid: Powell and Steel, with AI in play [Yahoo! Finance]Yahoo! Finance
- Morning Bid: Powell and Steel, with AI in play [Yahoo! Finance Canada]Yahoo! Finance Canada
STLD
Earnings
- 1/22/25 - Beat
STLD
Sec Filings
- 2/12/25 - Form 4
- 2/11/25 - Form 144
- 2/5/25 - Form SCHEDULE
- STLD's page on the SEC website