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Proxy Advisors Recommend Sale Of US Steel; Ascent Reports Financial Results; Materion Expects 10% Sales Decline And More: Monday’s Top Mining Stories

Top stories: ISS & Glass Lewis recommend U.S. Steel shareholders approve sale to Nippon Steel. Ascent Industries reports decrease in sales & net loss. Materion expects Q1 sales drop. MP Materials awarded $58.5M to build rare earth magnet facility in U.S.

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Why Reneo Pharmaceuticals Shares Are Trading Higher By Around 14%? Here Are Other Stocks Moving In Wednesday’s Mid-Day Session

Shares of Reneo Pharmaceuticals, Inc. (NASDAQ: RPHM) shares rose sharply during Wednesday’s session after Concentra sent an acquisition proposal to acquire 100% of equity of the company for $1.80 per share. Reneo Pharmaceuticals shares climbed 13.6% to $1.59 on Wednesday.

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Why Ascent Industries Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket

Shares of Ascent Industries Co. (NASDAQ: ACNT) rose sharply in pre-market trading as the company reported the sale of the business of Specialty Pipe & Tube for around $55 million in an all-cash deal. Ascent Industries shares surged 7.4% to $8.69 in pre-market trading.

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