|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||54.90 - 57.52|
|52-week range||54.90 - 57.52|
|Beta (5Y monthly)||2.70|
|PE ratio (TTM)||N/A|
|Earnings date||18 Jan 2022 - 24 Jan 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
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 AirWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverThe Biggest Public Graveyard in the U.S. Is Becoming a ParkThe 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.