Another Dog Has It Day(s)- U.S. Steel

U.S. Steel Companies

shares are trading higher by $1.14 at $10.33 in Wednesday's session. Until a few days ago, it was one of the dogs in the market that had not undergone a substantial rally off its recent lows. Since its close February 24 close ($7,73), the issue is in the midst of a five day winning streak, adding 34 percent or $2.62 at $10.35. From its January 28 low, it has added 68 percent or $4.20. It should be noted the low for the move was made two days after the Street was not pleased with its Q4 report. Over this course of this time, the only significant news related to the issue has downgrades by Cowen & Company from Outperform to Neutral. In addition, Macquarie downgraded the issue from Outperform to Neutral.