Why Cleveland-Cliffs Stock Popped by Nearly 21% This Week

Investors sent the steel maker's equity higher following better-than-expected quarterly earnings and several bullish, new analyst notes.One of the better-performing industrial stocks over the past few days has been storied steel maker Cleveland-Cliffs (CLF 4.86%). The company did better than expected in its second quarter. As often occurs in that situation, several analysts became more bullish on its prospects. According to data compiled by S&P Global Market Intelligence, Cleveland-Cliffs rose by almost 21% ...