United States Steel (NYSE: X) shares rallied 7% in the last trading session to close at $33.39. 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 week ago that the Biden administration was preparing to ...
