Alcoa Stock Increases Nearly 13% on Thursday

Alcoa (NYSE: AA) defied expectations with a nearly 13% stock price increase on Thursday, despite missing quarterly analyst estimates, as investors reacted positively to management’s strategic plans amid aluminum industry challenges. The company’s third-quarter financials revealed a 3% year-over-year revenue rise to nearly $3 billion, but a net loss of $6 million contrasted sharply with a $135 million profit from the same quarter in 2024.

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