2 Big Reasons U.S. Steel Stock Zoomed 46.9% in November

2 Big Reasons U.S. Steel Stock Zoomed 46.9% in November

Shares of United States Steel (NYSE: X) jumped a whopping 46.9% in the month of November, according to data provided by S&P Global Market Intelligence. The steel stock isn't done rallying just yet: It's already up another 7.8% so far this month, as of the time of this writing. While a recent consolidating move by a big player in the steel industry buoyed steel stocks, an analyst upgrade sent U.S. Steel shares shooting through the roof toward the end of the month.