Cleveland-Cliffs Stock Eyes 7th-Straight Loss After Bear Note
Cliffs(CLF) Schaeffers Investment Research·2024-06-11 22:22
Cleveland-Cliffs Inc (NYSE:CLF) stock is down 3.5% to trade at 17 from $23. The analyst in coverage cited weak fundamentals, rising capital expenditure needs, and lack of near-term growth. The brokerage bunch already leaned bearish on Cleveland-Cliffs stock coming into today, with eight of the 11 firms calling it a tepid "hold" or worse. Short sellers are firmly in control as well ...