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YahooOctober 19, 2026 at 11:24 PM NY7 Days Ago

Cleveland-Cliffs Stock Soars on Strongest Quarter in Three Years and $4 Billion 2027 Outlook

Key TakeawaysCleveland-Cliffs shares surged after Q3 adjusted EBITDA reached $612 million, beating management’s $575 million guidance. Management expects 2027 adjusted EBITDA to exceed $4 billion, more than double its approximately $1.

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