Why U.S. Steel Stock Soared Today
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U.S. Steel's stock surged due to a $14.9 billion acquisition offer from Japan's Nippon Steel, representing a nearly 40% premium over its previous share price.
January 13, 2025 | 7:45 pm
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U.S. Steel's stock price increased significantly following a $14.9 billion acquisition offer from Nippon Steel, which is a 40% premium over its previous share price.
The acquisition offer from Nippon Steel is a major event for U.S. Steel, providing a significant premium over its previous stock price, which is likely to drive the stock price up in the short term.
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