Nippon Steel plans to sell holdings in Korean steelmaker Posco [Seeking Alpha]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
US:NYSE Investor Relations:
posco.com/homepage/docs/eng5/jsp/invest/archive/s91b6010071l.jsp
Company Research
Source: Seeking Alpha
Steel, disclosed it will sell its entire stake in the Korean steelmaker to "improve capital efficiency." The Japanese company plans to sell 2.89M Posco ( PKX ) shares, which would translate to a ~3.4% stake, and said the timing of its sale would be determined by various factors including market trends. Nippon Steel ( OTCPK:NPSCY OTCPK:NISTF ) reportedly is seeking to offload at least $211M in assets this fiscal year to manage its debt ahead of the planned US Steel deal. Recommended For You More Trending News Recommended For You More Trending News About PKX Stock Related Stocks Trending Analysis Trending News
Show less
Read more
Impact Snapshot
Event Time:
PKX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PKX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PKX alerts
High impacting POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) news events
Weekly update
A roundup of the hottest topics
PKX
News
- American Resources Corporation's ReElement Technologies and POSCO International Come Together to Develop a Sustainable Rare Earth Element and Magnet Supply Chain [Yahoo! Finance]Yahoo! Finance
- POSCO Holdings Inc. (NYSE: PKX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Global Silicon Oxide Precursor Market Witnessing Explosive Growth at 60.6% CAGR, Forecast 2024-2030 | Valuates Reports [Yahoo! Finance]Yahoo! Finance
- Iron Castings Market to Grow by USD 50.34 Billion (2024-2028), Driven by Automotive Segment Growth, with AI Impacting Market Trends - Technavio [Yahoo! Finance]Yahoo! Finance
- POSCO Holdings Inc. (NYSE: PKX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
PKX
Sec Filings
- 11/1/24 - Form 6-K
- 10/30/24 - Form 6-K
- 10/30/24 - Form 6-K
- PKX's page on the SEC website