Layoffs Perversely Bump U.S. Steel Stock 10% in Pre-Market Boost

By CCN Markets: News of impending layoffs at some U.S. Steel Corporation plants has been greeted warmly by the market. In pre-market hours, the price of the stock has gone up by over 10 percent to reach a unit price of $12.43. At the market close on Monday, U.S. Steel was valued at $11.28. Just […]

The post Layoffs Perversely Bump U.S. Steel Stock 10% in Pre-Market Boost appeared first on CCN Markets

Source: https://www.ccn.com/us-steel-stock-jumps-10-percent-pre-market/

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