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Alcoa Plunges Most In Year After CFO Warns Alumina Unit "Will Be Underwater" Amid Hormuz Disruption

Alcoa Plunges Most In Year After CFO Warns Alumina Unit "Will Be Underwater" Amid Hormuz Disruption Alcoa shares in New York were hammered the most in over a year on Wednesday after CFO Molly Beerman warned investors that the company's alumina segment faces heavy losses from the energy shock and ongoing disruption at the Hormuz maritime chokepoint. Beerman was blunt with investors while giving a presentation at the Wells Fargo Industrials & Materials Conference. She said, "Our alumina segment is very pressured right now," adding, "The segment as a whole will be...
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Apr 21, 2026 / Tyler Durden
Scammers Demand Crypto From Stranded Ships In Strait Of Hormuz: Report
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Jun 26, 2026 / Tyler Durden
Psychology Journal Under Fire For Retracting Publication Challenging Claims Of Racism
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May 21, 2026 / Tyler Durden
“We Must Leap Forward Into New Energy” - Canaccord’s Inaugural Nuclear Nexus Conference 
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