Alcoa (AA -2.7%) is selling off after announcing a restructuring plan meant to cope with a weak...

|By:, SA News Editor

Alcoa (AA -2.7%) is selling off after announcing a restructuring plan meant to cope with a weak demand/pricing environment, and is taking some other aluminum makers down with it. NOR -5.6%. ACH -3%. AWC -2.6%. Dahlman Rose (Buy) thinks Alcoa's move will help stabilize aluminum prices; other aluminum producers have also been cutting output. (previously)