U.S. Steel Melts 15% on Weak Earnings

U.S. Steel (X) plunged today today, dropping more than 14% after the steel producer posted disappointing third-quarter financial results. Like other metal makers, U.S. Steel blames illegal imports for the dropping prices driving its poor performance. That begs the question, when is a turnaround possible? Gordon Johnson at Axiom Capital has a Sell on U.S. Steel, […]