Cleveland-Cliffs (CLF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
On May 1, 2024, Ron Bloom, a Director at Cleveland-Cliffs Inc (NYSE:CLF), purchased 25,000 shares of the company, as reported in a recent SEC Filing.
U.S. steelmaker Cleveland-Cliffs , a Norfolk Southern customer, has backed activist investor Ancora Holdings in its effort to have seven directors and a new chief executive officer installed at the railroad operator, Bloomberg News reported on Sunday. Cleveland-Cliffs CEO Lourenco Goncalves said in a letter to Ancora that the outcome of the proxy fight will have no impact on its customer or supplier relationship with Norfolk Southern, the report added.