Sector: Basic Materials
Several midstream stocks hit their respective 52-week lows in the last five days. Crude oil prices took a hit yesterday amid concerns over trade talks.
Cleveland-Cliffs (CLF) and U.S. Steel (X) stocks have underperformed markets this year. However, U.S. Steel has been strong in November.
On November 14, Greenlight Capital filed its 13F. In the third quarter, the company bought a fresh stake in NeuBase Therapeutics.
There have been reports of several layoffs in the US steel industry this year, in contrast to last year's news of plant restarts and new plants.
In today’s Get Real, we saw Apple Watch's performance and another loss for Boeing. Plus, Google's Fitbit acquisition faces scrutiny from the EU.
Cleveland-Cliffs (CLF) and U.S. Steel (X) are in the red this year. As we head into the 2020 election, both companies desperately need another "Trump effect."