Why Did Cleveland-Cliffs Stock Jump This Week?
Shares of steelmaker and miner Cleveland-Cliffs (NYSE: CLF) had been treading water over the past several months until this week. The stock jumped nearly 10% for the week, according to data provided by S&P Global Market Intelligence.
The stock recovered from a drop the previous week after one industry analyst downgraded it. But a bullish view of the sector led investors to buy that dip this week.
Source Fool.com
