Cleveland-Cliffs (CLF) Stock Drops Despite Market Gains: Important Facts to Note

Cleveland-Cliffs (CLF) closed at $20.47 in the latest trading session, marking a -0.29% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.12%. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 1.54%.Heading into today, shares of the mining company had gained 4.91% over the past month, lagging the Basic Materials sector's gain of 5.41% and outpacing the S&P 500's gain of 2.06% in that time.The upcoming earnings relea ...