Previous close | 34.30 |
Open | 34.36 |
Bid | 34.29 x 50000 |
Ask | 34.37 x 50000 |
Day's range | 34.36 - 34.53 |
52-week range | 18.88 - 46.29 |
Volume | |
Avg. volume | 119 |
Market cap | 7.848B |
Beta (5Y monthly) | 2.06 |
PE ratio (TTM) | 10.40 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.18 (0.53%) |
Ex-dividend date | 09 Feb 2024 |
1y target est | N/A |
Performance Steady Amid Market Challenges and Strategic Developments
The DoJ's request comes after the Japanese firm's proposed bid drew sharp criticism in the U.S., including from President Joe Biden, who said the asset should be domestically owned. Despite fears of layoffs, Japan's largest steelmaker has pledged no job cuts as a result of the merger and has said it will move its own U.S. headquarters to Pittsburgh where U.S. Steel is based. The acquisition of U.S. Steel will help Nippon, the world's fourth-largest steel maker, move toward 100 million metric tons of global crude steel capacity.
A number of companies release their quarterly earning reports on Thursday, including Apple (AAPL), Novo Nordisk (NVO), Shell (SHEL), ConocoPhillips (COP), Cigna (CI), Coinbase (COIN), Moderna (MRNA), DraftKings (DKNG), Kellanova (K), United States Steel (X), and more. On the economic front, jobless claims for the week ending on April 27 will be released. Economists expect claims to rise to 212,000 from 207,000 the prior week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino