Buy, Sell Or Hold X Stock? [Forbes]
United States Steel Corporation (X)
Last united states steel corporation earnings: 4/30 04:16 pm
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US:NYSE Investor Relations:
ussteel.com/investors
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Source: Forbes
Getty Images United States Steel stock dropped nearly 6% during Wednesday's trading, accelerating the losing streak from the past week. Nippon Steel Corporation, Japan's largest steelmaker, set out to acquire United States Steel in December 2023, but has faced still opposition from both U.S. Presidents Joe Biden and President-elect Donald Trump. Incidentally, the stock is currently trading 10% higher compared to a year back, indicating it has been a volatile period for United States Steel stock, having reached almost $50 post the acquisition announcement last year. The enthusiasm around the stock was, however, short lived as the deal soon faced opposition from multiple fronts, with President-elect Trump vowing to block the deal if he gets re-elected. Last week, Nippon Steel's Vice Chairman and Executive Vice President Takahiro Mori, stated in a press conference, that they believe that they can conclude the deal before the end of the year. Amidst the uncertainties surrounding the
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X
News
- Is First Trust Materials AlphaDEX ETF (FXZ) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- This Mystery Metal Has Skyrocketed by 200% in 2024PR Newswire
- This Mystery Metal Has Skyrocketed by 200% in 2024PR Newswire
- Nippon Steel's Mori to Meet With Pennsylvania Governor Shapiro [Yahoo! Finance]Yahoo! Finance
- Nippon Steel's Mori to meet steelworkers in Pittsburgh next week [Fortune]Fortune
X
Earnings
- 10/31/24 - Beat
X
Sec Filings
- 11/14/24 - Form SC
- 11/1/24 - Form 10-Q
- 10/31/24 - Form 8-K
- X's page on the SEC website