Why U.S. Steel, Biglari Holdings, and Charter Communications Slumped Today

Friday was a relatively calm day on Wall Street, with major benchmarks closing with only minimal changes. Earnings season continues to go well, with high-profile companies generally seeing solid growth and positive impacts from tax reform and a healthy economy. Yet in some cases, company-specific factors held certain stocks back, producing dramatic losses.

U.S. Steel (NYSE: X), Biglari Holdings (NYSE: BH), and Charter Communications (NASDAQ: CHTR)were among the worst performers on the day. Here's why they did so poorly.