Cleveland-Cliffs Reports Narrower Q1 Loss, Shares Down Despite Improved Performance
Cleveland-Cliffs (CLF) shares fell 1.2% after the company reported a narrower-than-expected Q1 adjusted loss of $0.40 per share, compared to a $0.92 loss in the same period last year. The company also reported Q1 adjusted EBITDA of $95 million, which included an $80 million increase in a specific category.
Tickers: $CLF