Cleveland-Cliffs Jumps After Q2 Loss Narrows; Market Reaction Driven by Earnings Detail
Cleveland-Cliffs shares climbed sharply in pre-market trading after the company reported second-quarter 2026 results that showed a reduced per-share loss compared with the prior quarter. The firm's loss of $0.20 per share on $5.2 billion in revenue was a penny below consensus, yet reflected roughly a 50% improvement from the previous quarter's $0.4…