US Steel Stock Drops After Biden Blocks Nippon Steel Deal

US Steel shares fell nearly 8% after President Biden halted Nippon Steel's $14.9 billion acquisition bid, impacting the steel industry landscape.

A visually impactful image depicting a dramatic stock market graph with falling lines, symbolizing t
US Steel Stock Drops After Biden Blocks Nippon Steel Deal

US Steel stock slid almost 8% after President Joe Biden blocked Nippon Steel's $14.9 billion takeover.

Source