Cleveland-Cliffs (CLF) Nosedives on ‘Sell’ Reco

We recently published 10 Firms Crashing Harder Than Wall Street. Cleveland-Cliffs Inc. (NYSE:CLF) is one of the worst performers on Tuesday. Cleveland-Cliffs nosedived by 17.24 percent on Tuesday to close at $13.39 apiece, as investors resorted to profit-taking while taking path from an investment firm’s “sell” recommendation. After surging to a new all-time high on Monday, Cleveland-Cliffs Inc. (NYSE:CLF) fell sharply after Wells Fargo told investors to “sell,” while giving the company an $11 price targ ...