Target Corp. Stock Outperforms Market On Strong Trading Day

United States Steel Corp

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Materials : Metals & Mining | Small Cap Value

Company profile

United States Steel Corporation (U.S Steel) is an integrated steel producer, which is engaged in producing and selling steel products, including flat-rolled and tubular products, in North America and Europe. The Company’s operations in the United States also include iron ore and coke production facilities and real estate operations. Its operations in Europe also include coke production facilities. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U.S. Steel Europe (USSE); and Tubular Products (Tubular). The Company owns approximately 45,000 acres of real estate assets, either held for development or managed, in Alabama, Illinois, Michigan, Minnesota and Pennsylvania. It performs a range of applied research, development, and technical support functions at facilities in Pennsylvania, Michigan, Texas and Slovakia. It serves customers primarily in the automotive, construction, consumer, electrical, industrial equipment, distribution and energy markets.

Target Corp. Stock Outperforms Market On Strong Trading Day

5:23 pm ET May 26, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Target Corp. (TGT) advanced 4.33% to $163.20 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.99% to 4,057.84 and the Dow Jones Industrial Average rising 1.61% to 32,637.19. This was the stock's second consecutive day of gains. Target Corp. closed $105.78 short of its 52-week high ($268.98), which the company achieved on November 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Walmart Inc. (WMT) rose 2.13% to $126.00, Costco Wholesale Corp. (COST) rose 5.65% to $464.99, and Dollar General Corp. (DG) rose 13.71% to $222.13. Trading volume (7.4 M) eclipsed its 50-day average volume of 5.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2022.

(END) Dow Jones Newswires

May 26, 2022 17:23 ET (21:23 GMT)