Alcoa’s volatility is worth watching

In 30 trading trading days since September 30, 2022…..

Alcoa shares have seen 23 trading days where the price moved up or down more than 2%.

Furthermore, 16 of the last 30 trading days saw the stock close higher or lower by more than 4%.

Although this prolific rate of change has existed for months prior.

Surely, nothing too exciting can happen about the fortunes of an aluminium producer which warrants such volatility?

Has Alcoa got the makings of becoming a ‘meme’ stock?

November 11, 2022

by Rob Zdravevski

rob@karriasset.com.au