Why Cleveland-Cliffs Stock Crashed Today
Source: Motley Fool
2026-02-09 12:00:07 ET
Shares of steelmaker and miner Cleveland-Cliffs (NYSE: CLF) plunged as much as 25% today after a disappointing fourth-quarter report. The news wasn't all bad, however. Shipments are expected to grow this year for Cliffs and other steel companies.
Today's news came after the stock had soared 50% over the past six months. Cliffs shares recovered from the early plunge, but were still 19.9% lower as of 11:35 a.m. ET.
Cleveland-Cliffs Inc.
NASDAQ: CLF
CLF Trading
-2.53% G/L:
$8.475 Last:
10,970,246 Volume:
$8.63 Open:
CLF Latest News
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CLF Stock Data
$7,098,509,760
560,351,626
1.02%
252
N/A
Steel
Materials
US
Cleveland
