Alcoa spikes to new highs; sees higher aluminum prices, tighter alumina supply

Mar. 01, 2022 11:58 AM ETAlcoa Corporation (AA)LMAHDS03:COM, UNRIFBy: Carl Surran, SA News Editor2 Comments

Aluminum Maker Alcoa Plans To Cut 15,000 Jobs

Jeff Swensen/Getty Images News

Alcoa (AA +6.1%) shares surge as much as 14% to an all-time high $85.73 before paring gains, as aluminum prices extend their recent rise as financial sanctions on Russia for invading Ukraine prompt

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