|Bid||31.93 x 1100|
|Ask||32.13 x 900|
|Day's Range||31.90 - 33.45|
|52 Week Range||10.43 - 44.42|
|Beta (5Y Monthly)||2.71|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 13, 2021 - Jul 19, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||40.68|
It was a tale of two Reddits on Wall Street this week: Meme-stock investors drove shares of AMC Entertainment Holdings (NYSE: AMC) ever higher -- up 22.9%. All of a sudden, it seems Alcoa is now a meme stock. Don't just take it from me -- Bank of America itself made the declaration yesterday.
The Zacks Analyst Blog Highlights: Alcoa Corp, Caterpillar, W.W. Grainger, Tennant Company and Mueller Industries
Alcoa Corp detailed plans on Thursday for a "step change" in alumina production that would allow it to cut 70% of emissions from the carbon intensive process by tapping renewable energy. Among Australia's emissions intensive exports, alumina and aluminium would be the most at risk from carbon border tariffs that the European Union is set to announce in July, says think tank the Australia Institute.