Why Cleveland-Cliffs Surged Another 32.2% in December
The iron ore miner and steelmaker closed a transformative acquisition to finish off a remarkable year.
The Company is a producer of iron ore pellets in North America and sells its pellets to integrated steel companies in the United States and Canada.
The iron ore miner and steelmaker closed a transformative acquisition to finish off a remarkable year.
And this is after a stunning 29% gain in October.
Your average American is probably only familiar with one of these names.
The stock of the U.S. integrated steelmaker soared following the announcement of a momentous acquisition.
CLF earnings call for the period ending September 30, 2020.
While its third-quarter results were shy of estimates, the company gave a better outlook for the balance of the year.
Spoiler: They're not red-hot tech stocks.
If Democrats take the House, Senate, and presidency, the following five stocks stand to benefit from new stimulus legislation proposed by the Biden-Harris campaign.
Get a better understanding of the steel industry, raw materials, supply-and-demand, and more.
Ahead of the U.S. presidential election, this steelmaker is betting big on a U.S. manufacturing revival.