The latest trading session saw Cleveland-Cliffs (CLF) ending at $12.88, denoting a -1.3% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.76%. Meanwhile, the Dow experienced a drop of 0.75%, and the technology-dominated Nasdaq saw a decrease of 1.01%.Coming into today, shares of the mining company had gained 11.06% in the past month. In that same time, the Basic Materials sector gained 2.96%, while the S&P 500 gained 4.31%.Analysts and investors alike will be keeping a cl ...

In the latest trading session, Cleveland-Cliffs (CLF) closed at $12.85, marking a +1.1% move from the previous day. This move outpaced the S&P 500's daily gain of 0.71%. Meanwhile, the Dow experienced a rise of 1.03%, and the technology-dominated Nasdaq saw an increase of 0.6%.The mining company's stock has climbed by 16.5% in the past month, exceeding the Basic Materials sector's gain of 5.75% and the S&P 500's gain of 6.41%.The investment community will be paying close attention to the earnings performanc ...

Shares of Cleveland-Cliffs (CLF, Financial), North America's largest iron ore producer, fell by over 4%, trading at $12.46. The decline follows news that the company has passed the United States Department of Justice's antitrust review for its acquisition of Canadian steel company Stelco. The transaction is expected to finalize by the fourth quarter of 2024. ...

Cleveland-Cliffs (CLF) closed the latest trading day at $12.99, indicating a +1.72% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.93%. At the same time, the Dow lost 0.41%, and the tech-heavy Nasdaq lost 1.53%. Shares of the mining company have depreciated by 2.22% over the course of the past month, underperforming the Basic Materials sector's gain of 4.73% and the S&P 500's gain of 2.17%. Investors will be eagerly watching for the performance of ...

Cleveland-Cliffs (CLF) closed the most recent trading day at $12.25, moving -1.45% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.04%.The mining company's stock has dropped by 11.53% in the past month, falling short of the Basic Materials sector's gain of 3.7% and the S&P 500's gain of 1.95%.Market participants will be closely following the financial results of Cleveland-Cliffs in its up ...

Cleveland-Cliffs Inc. (CLF) recently said that it remains entirely committed to the transformational project taking place at its Middletown Works integrated facility in Middletown, OH. CLF was selected for award negotiations for up to $500 million in total funding from the Department of Energy to replace its Middletown blast furnace with a Direct Reduced Iron plant and two Electric Melting Furnaces. It is still in active negotiations with the Department of Energy about the award-specific terms and condition ...

In May 2024, the Biden administration announced plans to leave the tariffs imposed on Chinese steel during the Trump administration in place. In fact, the administration also sought to triple the tariffs to 25%.  But you know the saying about the best-laid plans? Any economic benefits to tariffs for U.S. companies require playing a long game in a world where the time between election cycles (and policy changes) is breathtakingly short.  However, there was some evidence that the tariffs imposed on Chinese st ...

In May 2024, the Biden administration announced plans to leave the tariffs imposed on Chinese steel during the Trump administration in place. In fact, the administration also sought to triple the tariffs to 25%.  But you know the saying about the best-laid plans? Any economic benefits to tariffs for U.S. companies require playing a long game in a world where the time between election cycles (and policy changes) is breathtakingly short.  However, there was some evidence that the tariffs imposed on Chinese st ...

Whenever investors think of how to get exposure to a stock’s direction, they typically only think of buying or selling a stock. However, professionals tend to delve a bit deeper into their views through the use of stock options. These options give traders the advantage of leverage to bet on a stock’s move. However, this benefit does come at a cost.Options have an expiration date, which means if the trader gets either the timing or the direction of the stock wrong, then he stands to lose most—if not all—of w ...

It has been about a month since the last earnings report for Cleveland-Cliffs (CLF) . Shares have lost about 21.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Cleveland-Cliffs due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Cleveland-Cliffs’ Q2 Earnings Top ...