Previous Close | 31.23 |
Open | 31.59 |
Bid | 31.54 x 800 |
Ask | 31.75 x 2200 |
Day's Range | 31.51 - 32.06 |
52 Week Range | 17.89 - 32.52 |
Volume | |
Avg. Volume | 10,009,117 |
Market Cap | 7.135B |
Beta (5Y Monthly) | 2.15 |
PE Ratio (TTM) | 5.95 |
EPS (TTM) | 5.38 |
Earnings Date | Oct 25, 2023 - Oct 30, 2023 |
Forward Dividend & Yield | 0.20 (0.64%) |
Ex-Dividend Date | Aug 04, 2023 |
1y Target Est | 23.60 |
(Bloomberg) -- Canadian steelmaker Stelco Holdings Inc. is pursuing a bid for bigger rival and former owner United States Steel Corp., adding to a growing list of suitors for the iconic American company.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver
Canada's biggest steelmaker, Stelco Holdings (STLC.TO), is looking to make a bid for U.S. Steel (X), according to a report from Bloomberg. Stelco would be interested in buying the entire company and is in talks with a partner for the bid, the outlet reports. Yahoo Finance Live breaks down the stock's reaction. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The collaboration between U.S. Steel (X) and NETL represents a significant advancement in the former's goal of becoming net zero by 2050.