United States Steel Corporation X shares are trading higher Tuesday. On Monday, the company provided third-quarter guidance reflecting the anticipated affect on the financial results from the United Autoworkers Union strike.
What To Know: United States Steel issued earnings per share guidance between $1.10 and $1.15 on Monday. The company also estimated adjusted EBITDA to be approximately $550 million.
United States Steel stock is up 34.79% over the past three months, with shares surging especially in mid-August following a rejection of an acquisition offer from Cleveland-Cliffs by the company.
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X Price Action: Shares of X were up 3.31% at $31.54 at the time of publication, according to Benzinga Pro.
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