We are taking a short break, but we will be back next week. Stay tuned!
|Bid||56.00 x 900|
|Ask||56.35 x 900|
|Day's Range||51.00 - 56.93|
|52 Week Range||12.15 - 56.93|
|Beta (5Y Monthly)||2.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 12, 2021 - Oct. 18, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.39|
Alcoa (NYSE: AA) shares are on fire Friday, jumping as much as 14% as of 10:45 a.m. EDT and hitting 52-week highs of $55.89 a share. Given the recent developments in the aluminum industry, I have been upbeat about Alcoa's prospects for several weeks now and expected to see record quarterly numbers from the aluminum giant. Alcoa didn't disappoint: It reported its highest-ever quarterly net income of $337 million for the third quarter, driven by 10% growth in revenue.
(Bloomberg) -- Alcoa Corp., the biggest U.S. aluminum producer, surged Friday morning as investors bought into the company’s confidence that the strongest rally since 1994 will last even longer.Most Read from BloombergOut-of-Practice Airline Pilots Are Making Errors Back in the AirThe Biggest Public Graveyard in the U.S. Is Becoming a ParkWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverThe World’s Rich and Powerful Are Stashing $500 Billion in This Tax HavenWhat Comes Af
Yahoo Finance's Brian Sozzi and Julie Hyman break down the biggest earnings movers of the morning.