5 Stocks Outperforming Wall Street with Outsized Gains

2. Constellium SE (NYSE:CSTM)

Constellium saw its share prices jump by 11.15 percent on Wednesday to finish at $27.32 apiece, as investors loaded portfolios in aluminum stocks on bets of supply shortage following an attack on two Middle Eastern producers earlier in the week.

Constellium rallied alongside its counterparts, namely Alcoa Corp. and Century Aluminum, as investors bet that a slash in global aluminum supply could spark higher prices, thus increasing profit margins for the producers.

According to data from Trading Economics, prices of aluminum on Wednesday further jumped by 2.75 percent to $3,523.80.

In other news, Constellium SE (NYSE:CSTM) last month authorized a $300 million share buyback program, which will become effective after May 21, 2026.

The new share repurchase program will replace the current share repurchase program authorized by the Board of Directors in February 2024, while Constellium SE (NYSE:CSTM) retains the ability to repurchase shares under the current program until the new program takes effect.

Under this new share repurchase program, the company will be able to repurchase its own shares from time to time for cash in open market transactions or in privately-negotiated transactions.