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Rosen Law Firm Encourages Cleveland-Cliffs Inc. Investors to Inquire About Securities Class Action Investigation - CLF
Prnewswire· 2025-07-14 23:04
Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Cleveland-Cliffs Inc. due to allegations of materially misleading business information [1] - Cleveland-Cliffs reported a GAAP net loss of $483 million for Q1 2025, an increase from a $434 million net loss in Q4 2024 [3] - Following the financial results announcement, Cleveland-Cliffs' stock fell over 15% on May 8, 2025, and an additional 2% on May 9, 2025 [3] Group 2 - The Rosen Law Firm is preparing a class action to seek recovery of investor losses without any out-of-pocket fees for those who purchased Cliffs securities [2] - Investors are encouraged to join the prospective class action through the Rosen Law Firm's website or by contacting their office [2] Group 3 - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]
Cleveland-Cliffs Stock Falls Amid Auto Pullback
Schaeffers Investment Research· 2025-03-21 14:44
Company Overview - Cleveland-Cliffs Inc (NYSE:CLF) has seen its stock price decrease by 3.5% to $9.20 following the announcement of temporarily idling two facilities in Minnesota, leading to hundreds of job cuts due to reduced orders from auto manufacturers amid tariff policy uncertainties [1] Stock Performance - Year-to-date, CLF has a deficit of 2.2% and has declined by 57.1% over the past 12 months, approaching its worst weekly drop since mid-December, while trying to recover from a four-year low of $8.50 reached on March 11 [2] Short Interest - Short interest in CLF has increased by 28.6% over the last two reporting periods, with 54.24 million shares sold short, representing 11.2% of the stock's available float. It would take approximately three days for shorts to cover at the stock's average daily trading volume [3] Options Activity - The 10-day call/put volume ratio for Cleveland-Cliffs stock is 8.08, ranking in the 82nd percentile of annual readings, indicating that options traders have been significantly more bullish than usual over the past two weeks [4]