U.S. Steel (X) Moves 7.0% Higher: Will This Strength Last?
XU. S. Steel(X) ZACKS·2024-09-12 19:26

United States Steel (X) shares rallied 7% in the last trading session to close at 33.39.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestock′s25.533.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 25.5% loss over the past four weeks.U.S. Steel’s stock popped on reports that a senior Nippon Steel executive traveled to Washington to meet with U.S. officials in a last-ditch effort to save Nippon Steel’s proposed 14.9 billion takeover of U.S. Steel following reports a w ...