Cleveland-Cliffs (NYSE: CLF) shares rose 4.43% to $9.90 in pre-market trading on July 21, 2025, following the release of Q2 2025 financial results.
Investors reacted to earnings that beat loss estimates, with an adjusted loss of $0.50 per share (vs. a $0.11 profit in Q2 2024). Revenue was $4.93 billion, matching expectations but down 3.14% year-over-year. The upbeat reaction stemmed from better-than-feared earnings despite the revenue decline.
