With U.S. Steel's stock dropping by nearly 8% after the acquisition was blocked, it looks like a downturn is likely as concerns about future stability...
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With U.S. Steel's stock dropping by nearly 8% after the acquisition was blocked, it looks like a downturn is likely as concerns about future stability in the steel market mount. I believe this is a good time to short the stock as the situation unfolds and impacts the company's performance.
With Biden blocking the $14B Nippon Steel deal, US Steel (X) is set to drop even further. I'm betting on puts because I believe the stock will fall be...
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With Biden blocking the $14B Nippon Steel deal, US Steel (X) is set to drop even further. I'm betting on puts because I believe the stock will fall below $20, especially after the overnight 9% drop. I think there’s more downside to come as the market reacts.