Cleveland-Cliffs (CLF) was one of only nine NYSE stocks hitting 52-week lows on Tuesday, with the producer of iron ore pellets and flat-rolled steel hitting its 40th of the past 12 months.
Oh, how times have changed for the Cleveland-based company. As recently as April 2022, CLF stock traded above $34. If you bought shares and are still holding, you’ve lost 81% of your investment in a little over 36 months.
