United States Steel Corporation X shares are trading higher by $3.60 (15 percent) at $24.66 in Wednesday's session. Investors are piling into the issue after Donald Trump's victory, as many perceive it will benefit from the new administration's policies.
Following a higher open, it continued in that direction before finally finding some intra-day resistance at $25.08 and reversed course. That marks the highest level for the issue since it peaked on August 9 at $25.64.
Since making that high, it retreated to $23.86 before rebounding back to the highs for the session.
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