Traders Recap on Worth Watching Stocks:Steel Dynamics, Inc. (NASDAQ:STLD), Navient Corp (NASDAQ:NAVI)

On Wednesday, Shares of Steel Dynamics, Inc. (NASDAQ:STLD), remained flat and closed at $33.35 in the last trading session. The last trading range of the stock ranges between $32.97 and $33.42. Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products; processes and sells recycled ferrous and nonferrous metals; and fabricates and sells steel joist and deck products in the United States and internationally. The company operates through Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations segments. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections. This segment offers its products for automotive, construction, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets.

Navient Corp (NASDAQ:NAVI), jumped 1.55% and closed at $17.69 in the last trading session. The last trading range of the stock ranges between $17.01 and $17.77. The company’s Market capitalization is $5.31 Billion with the total Outstanding Shares of 303.00 million. Navient (NAVI), the nation’s leading loan administration, servicing and asset recovery company, recently declared the amendment of transaction agreements for a Navient-sponsored securitization totaling $469 million of bonds backed by federally guaranteed student loans. The amendment was effective as of Nov. 14, 2016, and extended the legal final maturity date to 2049 on the A3 tranche of Navient Trust 2014-8.

Since December 2015, Navient has extended the legal final maturity dates on $7.8 billion of bonds from Navient-sponsored FFELP securitizations.

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