US Steel Stock Plummets After Biden Blocks $14.9B Nippon Deal

US Steel shares fell nearly 8% as President Biden halted Nippon Steel's $14.9 billion acquisition. Discover the implications for the steel industry.

A dynamic image of US Steel's logo with a stock market graph showing a downward trend in the backgro
US Steel Stock Plummets After Biden Blocks $14.9B Nippon Deal

US Steel stock dropped almost 8% after President Joe Biden blocked a $14.9 billion takeover by Nippon Steel.

Source