I wrote about this when they dropped below $2B, but then bottomed out at $1B and are not back up to $4B.
Alcoa is one of those storied brands that can never catch a break. There's always a lawsuit or downside event that catches them off guard.
Recently though, they've made a pretty incredible recovery, and clearly there's more appetite for the comeback story of Alcoa. It still trades @ 0.47x Sales...
Alcoa is one of those storied brands that can never catch a break. There's always a lawsuit or downside event that catches them off guard.
Recently though, they've made a pretty incredible recovery, and clearly there's more appetite for the comeback story of Alcoa. It still trades @ 0.47x Sales...
Pierce Crosby
GM, Americas @ TradingView
GM, Americas @ TradingView
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Alcoa below $2B
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