US Steel Stock Drops 5% After Blocked Nippon Steel Takeover

US Steel's shares plummet 5% after U.S. government halts Nippon Steel's $14.9 billion acquisition, citing political reasons. Discover more on this development.

A downward-trending stock chart overlaid on an image of US Steel and Nippon Steel logos, with a back
US Steel Stock Drops 5% After Blocked Nippon Steel Takeover

US Steel's stock fell 5% after the U.S. government blocked a $14.9 billion takeover by Japan's Nippon Steel, citing political reasons.

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