Alcoa Corporation: Great News Justifies Additional Upside

Nandani Bridglal Shares of aluminum giant Alcoa Corporation (NYSE:AA) rose by over 2% in early trading on July 11th. This came after the company announced, following the close of business on July 10th, preliminary financial results covering the second quarter of the company's 2024 fiscal year. Although management has only provided a snippet of data covering that time, it is clear that the financial picture is better, not only on a year-over-year basis, but also better than what analysts anticipated. Tho ...