Alcoa Corp. (AA) Soars 8% on Aluminum Supply Concerns

Alcoa Corp. (NYSE:AA) is one of the 10 Stocks Leaving the Market in the Dust Today.

Alcoa rallied for a second day on Monday, jumping 8.23 percent to finish at $63.22 apiece, as investors loaded portfolios on growing supply concerns after a missile attack from Iran that hit two aluminum producers.

Alcoa Corp. (NYSE:AA) rallied alongside its aluminum counterparts, including Century Aluminum, as investors bet that a slash in global aluminum supply could spark higher prices, thus increasing profit margins for the producers.

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According to data from Trading Economics, prices of aluminum on Monday have gone up by 4.77 percent to $3,431.50 following the attack.

In other news, Alcoa Corp. (NYSE:AA) said that it is scheduled to release the results of its earnings performance in the first quarter of 2026 after market close on April 16. A conference call will be held to discuss the results.

For the period, Alcoa Corp. (NYSE:AA) expects a sequential unfavorable impact of $30 million in adjusted EBITDA for the alumina segment due to cyclicality, as well as lower shipments, price, and volume from bauxite offtake and supply agreements.

For the aluminum segment alone, it also targets to incur a $70 million negative impact from the absence of Spain and Norway carbon dioxide compensation recognized in the fourth quarter of 2025 and higher production costs associated with the restart of the San Ciprián smelter.

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