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On June 18, 2025,
(CLF) experienced a significant decline in its stock price, dropping by 4.30%. The trading volume for the day was 2.19 billion, marking a 46.13% decrease from the previous day. This placed at the 361st position in terms of trading volume for the day.Several brokerages have recently issued reports on Cleveland-Cliffs. Notably, Glj Research downgraded the company's shares from a "strong-buy" rating to a "strong sell" rating. This change in rating could have contributed to the recent decline in the stock price, as investors may have reacted to the negative outlook provided by the brokerage.
Additionally, the market's reaction to Cleveland-Cliffs' recent performance has been mixed. While the company has seen significant volatility, with reports of a 28% stock surge in the past, the current downturn suggests that investors may be reassessing their positions. The stock's price movement reflects the broader market sentiment and the company's recent financial performance.
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