Cleveland-Cliffs (CLF) Posts Strongest Quarter in 3 Years, Swings to Profit; Shares Soar 16.3%

Cleveland-Cliffs (NYSE:CLF) snapped a five-day losing streak on Monday, surging 16.34 percent to close at $14.10 after reporting its strongest quarterly performance in three years, returning to profitability and fueling hopes of a sustained recovery this year. In an updated report, the steelmaker said it swung to a net income attributable to shareholders of $152 […]