Despite A Weak Second Quarter, Why Is ArcelorMittal’s Stock Set To Rise 35%?
- Monday, August 3, 2020, 7:10
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ArcelorMittal stock has rallied 43% since late March (vs. about 45% for the S&P 500) to its current level of $11. This is after falling to a low of $7.71 in late March, as a rapid increase in the number of Covid-19 cases spooked investors, and resulted in heightened fears of an imminent global…
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