U.S. Steel (X) stock surged 16.2% on high volume, expected to report quarterly loss.

From Nasdaq: 2025-04-08 04:19:00

United States Steel (X) shares surged 16.2% to $44.50, driven by high trading volume. The Trump administration ordered a review of X’s merger with Nippon Steel. X is expected to report a quarterly loss of $0.35 per share, with revenue of $3.61 billion, down 13.2% from last year.

Ternium S.A. (TX) saw its stock drop 6% to $26.50, with a consensus EPS estimate for the upcoming report at $0.43, down 76.6% from last year. TX holds a Zacks Rank of #3 (Hold). Consider keeping an eye on both X and TX for potential market movement.

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Read more at Nasdaq: U.S. Steel (X) Moves 16.2% Higher: Will This Strength Last?