Alcoa’s share price rises by 95% on investors’ interest
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Update time : 2020-06-11 19:16:49
It was reported that Alcoa’s share price rose by 95% over the past three weeks as this top aluminum firm on the New York Stock Exchange (NYSE) has attracted investors’ interest.
Due to the economic recovery after the COVID-19 lockdowns, Alcoa’s share price climbed from US$6.66 on May 15 to last sales of US$12.98, and the aluminum price on the London Metal Exchange (LME) also hiked to 71 cents/lb from roughly 64.5 cents/lb.
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