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Opinion
Liam Denning

An Activist Could Galvanize U.S. Steel

A cheap stock, confusing message and operational struggles make it vulnerable.
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One of the more painful, if rare, experiences for the CEO of a major corporation is when they suddenly leave and the stock price pops.

Klaus Kleinfeld, who last month lost the top job at Arconic Inc. (and most likely didn't get his ball back, either), had to also endure the market's reaction to the news -- namely a 3 percent increase in the share price.