ENXTAM:MTMetals and Mining
ArcelorMittal (ENXTAM:MT): Assessing Valuation as France Pushes for Nationalization to Halt Job Cuts
France's lower house recently voted to nationalize ArcelorMittal (ENXTAM:MT) in an effort to block planned job cuts. This move puts increased political and operational uncertainty front and center for investors tracking the stock.
See our latest analysis for ArcelorMittal.
While France’s push to nationalize ArcelorMittal has added fresh uncertainty, the market seems to be running with it. A 1-day share price return of 1.45% capped a 65% climb so far this year, and the stock’s 1-year total...