U.S. Steel's stock (X) is rallying after the Pittsburgh-based steelmaker reported earnings that swept past forecasts by a wide margin, although revenues were just in line. On top of that, U.S. Steel was cautious about the third quarter so the stock's flight may be a short-lived one.
And it also seems X does not mark the spot for StockTwits users.
And that's a mighty fine point, especially given how hard hit the stock has been. Over the past 12 months, shares of U.S. Steel have melted down.
And that's exactly what U.S. Steel's rivals are doing - enjoying the run...for now.
|Fox News removes false story on Seth Rich's murder -- six days after it was debunked|
|Ariana Grande suspends tour following Manchester terror attack|
|Venezuelans seeking US asylum jump 160%|
|Trump's budget: Big gifts for the rich, big cuts for the poor|
|FCC won't take action against Colbert over Trump joke|