CLEVELAND, OH – June 3 – Cleveland-Cliffs Inc (NYSE: CLF) shares are trading at 7.16 USD as of 12:10 PM EDT. While showing a slight decrease of -0.025 USD (0.35%) for the day, the stock has demonstrated notable resilience, recovering significantly from its intraday low to trade at its session high.
The steel producer’s stock opened at 7.16 USD, matching its current price and the day’s high thus far. After dipping to a low of 6.71 USD earlier in the session, Cleveland-Cliffs shares have climbed back, trading near their opening level and just under the previous close of 7.18 USD. This recovery indicates buying interest at lower levels.
Cleveland-Cliffs maintains a market capitalization of 3.52 billion USD. Data for the P/E ratio and dividend yield are not currently listed. The current trading pattern suggests a period of consolidation for Cleveland-Cliffs stock as market participants digest recent sector news and economic indicators.
Importantly, the current price of 7.16 USD positions Cleveland-Cliffs stock comfortably above its 52-week low of 5.63 USD. While it remains below the 52-week high of 17.00 USD, the stock’s ability to rebound from the session’s low suggests underlying support. Investors in the materials sector and specifically in steel stocks will be monitoring Cleveland-Cliffs’ performance for further indications of market sentiment.
Frequently Asked Questions (FAQ) about Cleveland-Cliffs Inc.’s Recent Stock Performance:
Q1: What is the current stock price of Cleveland-Cliffs Inc?
A: As of June 3, 12:10 PM EDT, the stock price for Cleveland-Cliffs Inc is 7.16 USD.
Q2: How has Cleveland-Cliffs’ stock performed today?
A: Cleveland-Cliffs’ stock is down slightly by -0.025 USD (0.35%) for the day so far. However, it has recovered from an earlier low to trade at its session high.
Q3: What were the day’s high and low for Cleveland-Cliffs stock?
A: The day’s high for Cleveland-Cliffs stock so far is 7.16 USD, and the day’s low is 6.71 USD.
Q4: What is the market capitalization of Cleveland-Cliffs Inc.?
A: Cleveland-Cliffs’ market capitalization is currently 3.52 billion USD.
Q5: What are the 52-week high and low stock prices for Cleveland-Cliffs?
A: The 52-week high for Cleveland-Cliffs stock is 17.00 USD, and the 52-week low is 5.63 USD.
Q6: Does Cleveland-Cliffs Inc. pay a dividend?
A: Based on the provided data (Div yield: -), Cleveland-Cliffs Inc. does not currently appear to pay a dividend or the information is not listed.
Q7: What industry is Cleveland-Cliffs Inc. in?
A: Cleveland-Cliffs Inc. is a major player in the steel industry, being the largest flat-rolled steel producer in North America. They are also involved in iron ore mining.
Q8: What does today’s trading indicate for Cleveland-Cliffs stock?
A: Today’s trading shows resilience, as the stock recovered from an intraday low to trade at its opening price and session high. This suggests buying support at lower levels.
