Cleveland-Cliffs (CLF) Surges 5.3%: Is This an Indication of Further Gains?

Cleveland-Cliffs (CLF) shares soared 5.3% in the last trading session to close at $7.56. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 17.2% loss over the past four weeks.CLF's shares rallied as steel stocks climbed, triggered by President Donald Trump’s announcement that he plans to double tariffs on steel imports to 50% in a move to protect American jobs and lead more companies to source from domestic steelmakers.This mining ...