Published on 19 Nov 2021 on Simply Wall St. via Yahoo Finance
United States Steel Corporation (NYSE:X) shareholders might be concerned after seeing the share price drop 10% in the last quarter. On the other hand, over the last twelve months the stock has delivered rather impressive returns. Like an eagle, the share price soared 119% in that time. So we think most shareholders won't be too upset about the recent fall. The real question is whether the business is trending in the right direction.
While this past week has detracted from the company's one-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment.
View our latest analysis for United States Steel