Cleveland-Cliffs (CLF) Stock: Soars on Strong Q3 Profit and Revenue Growth

TLDR CLF stock rallies 12.39% to $13.65 in premarket trading after strong Q3 results. Third-quarter revenue hits $5.6 billion as net income rebounds to $165 million. Adjusted EBITDA climbs to $612 million, beating management’s $575 million target. Steel shipments reach 4.2 million tons as average selling prices rise to $1,177. Cleveland-Cliffs forecasts $715 million in [...]

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