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United States Steel (X) Stock Soars after Q2 Earnings Beat

NEW YORK (TheStreet) -- Shares of United States Steel (X) are soaring by 10.37% to $25.33 on higher than usual volume in mid-morning trading on Wednesday, after the company posted a narrower net loss than expected and raised its full year guidance.

So far today, 17.24 million shares have traded hands, compared to the average of 14.10 million.

The Pittsburgh-based company reported a loss of 31 cents per share, compared to analysts' estimates of a loss of 49 cents per share.

The steel maker's...


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