Steel company Cleveland-Cliffs Inc (NYSE: CLF) has seen its shares rise over 30% in the last month.
An analyst is upgrading shares with more upside ahead.
A whale with a lot of money to spend has taken a noticeably bullish stance on Cleveland-Cliffs.
Looking at options history for Cleveland-Cliffs (NYSE:CLF) we detected 18 strange trades.
U.S. markets witnessed another sell-off on Thursday, erasing all optimism surrounding a "Santa Claus" rally following a rebound in the previous session as investors and traders began considering the effects of a recession. Major Wall Street indices closed over 1% lower on Thursday.
Gainers
Core Scientific, Inc. (NASDAQ: CORZ) shares jumped 188% to $0.1471. Core Scientific shares dipped 75% on Wednesday after the company filed for Chapter 11 bankruptcy.
Cleveland-Cliffs Inc (NYSE: CLF) shares are trading higher Thursday after the company announced it will achieve higher annual fixed prices for steel in 2023