What’s Behind The 40% Drop In Cleveland-Cliffs’ Stock?
- Monday, June 1, 2020, 7:14
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Cleveland-Cliffs’ stock (NYSE: CLF) lost about 38% of its value in the last 3 years, with the stock price dropping from $8 at the end of 2016 to $5 as of 28th May 2020. But Cleveland-Cliffs’ revenue has remained flat at $2 billion in 2016 and 2019…