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why is cleveland-cliffs stock down today

by Benedict Fisher Published 3 years ago Updated 2 years ago
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Why is Cleveland-Cliffs (CLF) trading higher today?

Apr 13, 2022 · Cleveland-Cliffs stock price target raised to $46 from $37 at B. Riley. Mar. 28, 2022 at 8:17 a.m. ET by Tomi Kilgore. Barron's Russia’s War on …

Is Cleveland Cliffs entering the scrap business?

1 day ago · Cleveland-Cliffs (NYSE: CLF) stock is climbing higher on Friday following the release of the steel producer’s earnings report for the first quarter of …

How did Cleveland-Cliffs perform in the first quarter of 2022?

Apr 11, 2022 · Why Is Cleveland-Cliffs (CLF) Stock Up Today? investorplace.com - March 24 at 4:30 PM: JP Morgan Maintains Overweight on Cleveland-Cliffs, Raises Price Target to $44 - Benzinga - Benzinga ... Cleveland-Cliffs (NYSE:CLF) Trading Down 2.6% americanbankingnews.com - March 18 at 12:05 PM: Validea Joel Greenblatt Strategy Daily …

What does Cleveland-Cliffs do?

1 day ago · Cleveland-Cliffs reported first-quarter revenue of $6 billion, which beat the $5.46 billion estimate. The company reported quarterly adjusted earnings of …

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Why is Cleveland-Cliffs going down?

Cleveland-Cliffs stock is falling after its fourth-quarter earnings disappointed the market. Shares of the steelmaker are inexpensive, but investors fear falling profits—and sliding prices for the metal.Feb 11, 2022

Is Cleveland-Cliffs a buy right now?

Cleveland-Cliffs has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

Is Cleveland-Cliffs still in business?

In 2020, Cleveland-Cliffs conducted a transformation that will keep the company thriving for the next century with the acquisition of two prominent steel companies in the United States. Today, we are now the largest flat-rolled steel company and the largest iron ore pellet producer in North America.

Why is CLF tanking?

Cleveland-Cliffs stock (NYSE: CLF) dropped more than 8% over the last one week (five trading days). This was due to overall weakness in the steel market. Stocks of other steel companies like U.S. Steel Corp and Commercial Metals company also declined over the last week.Apr 13, 2021

How high will Cliffs stock go?

Stock Price Forecast The 8 analysts offering 12-month price forecasts for Cleveland-Cliffs Inc have a median target of 32.00, with a high estimate of 46.00 and a low estimate of 23.50. The median estimate represents a +1.81% increase from the last price of 31.43.

Is Cleveland-Cliffs a buy or sell?

Stockchase rating for Cleveland-Cliffs Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Is CLF a meme stock?

(NYSE: CLF) may be the unlikeliest of meme stocks. The company was founded 175 years ago. Looking at the short term, since November of 2020, the share price has risen by around 193%, after peaking at nearly 240% in mid-August of 2021.Jan 5, 2022

Will CLF rise?

We believe that there is a 53% chance of a rise in CLF stock over the next month (21 trading days) based on our machine learning analysis of trends in the stock price over the last ten years. See our analysis on CLF Stock Chance of Rise.Feb 11, 2022

Cleveland-Cliffs Media Sentiment

Media Coverage

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

Cleveland-Cliffs (NYSE CLF) News Headlines Today

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

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