Top Executive’s Massive Cleveland-Cliffs Stock Move Shakes Up Investor Buzz
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Cleveland-Cliffs' CEO Lourenco Goncalves sold 3 million shares worth $37.23 million, raising investor concerns. The company's Q4 results showed flat revenue and ongoing losses, with management optimistic about 2026 due to higher steel prices and cost cuts. Seaport Research downgraded the stock, citing normalized earnings amid risks. Spark's AI Analyst rates CLF as Neutral, highlighting weak financial performance but a more positive outlook for 2026. The stock has a YTD performance of -7.30% and a market cap of $7.01 billion.
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