U.S. Steel Stock: Betting on EPS Cut and Merger Uncertainty?
U. S. Steel(X) MarketBeat·2024-06-25 00:02
American integrated steel producer United States Steel Co. NYSE: X lowered its adjusted Q2 EBITDA guidance on June 17, 2024. However, the stock reaction was minimal, as shares continued to chop around in a tight range. Investors are waiting for the Japanese steel producer Nippon Steel's acquisition of U.S. Steel to close, but the deal has been postponed at the request of the United States Department of Justice (DOJ).United States Steel TodayXUnited States Steel$36.54 -0.11 (-0.30%) 52-Week Range$22.26▼$50.2 ...