Forbes

US Steel’s Stock Could Drop 20% Despite Recovery In Steel Prices

US Steel’s Stock Could Drop 20% Despite Recovery In Steel Prices

US Steel stock has rallied 60% since late March (vs. about 56% for the S&P 500) to its current level of close to $8. This is after falling to a low of $5 in late March, as a rapid increase in the number of Covid-19 cases spooked investors, and resulted in heightened fears of an imminent global…

Source: Forbes – Markets
Date: September 2, 2020, 22:01