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U.S. Steel Stock Jumps. Trump Might Let the Nippon Deal Happen.

1. U.S. Steel's merger odds with Nippon Steel increased. 2. Stock rose 2.5% amid merger speculation. 3. Trump's support reportedly boosts merger likelihood. 4. Nippon plans significant investments in U.S. Steel. 5. Concerns over national security still persist.

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$21.4402/07 03:47 PM EDTEvent Start
$22.5202/10 04:11 PM EDTLatest Updated
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FAQ

Why Bullish?

The potential merger could lead to increased stock value, as seen previously with similar deals boosting shares.

How important is it?

Merger discussions directly affect U.S. Steel's valuation, making this news significant for investors.

Why Short Term?

Immediate impact seen from merger speculation; historical mergers often lead to immediate stock movement.

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