Spoke too soon. Now Trump is backing the $14 billion takeover only if the U.S. government gets veto power over key decisions (!). Calling this a "golden share" strategy.
What in the actual corrupt hell is this?
United States Steel
X
trading on NYSE
since 1991
$54.88
(Δ 5.10%)
+$2.66 since open
United States Steel is a leading producer of steel products, including flat-rolled and long products, serving key industries such as construction, automotive, and manufacturing.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $54.79 | $54.91 | $54.77 | $12.03B | 17.15M |
| eps | p/e | p/s |
operating margin |
profit margin |
yield |
| -$0.52 | 26.38 | 3.32 | -3.27% | -3.11% | 0.36% |
Merger with Nippon approved. Trump claims the deal creates 70,000 jobs ... for a company who currently employs under 23,000 people. How does anything make sense.