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Is There a Buying Opportunity in Alcoa?

Is There a Buying Opportunity in Alcoa?

Alcoa (AA), the leading US-based aluminum producer, fell 9.0% in November. Alcoa has fallen 41% in 2018. Century Aluminum (CENX) and Rio Tinto (RIO) have fallen 54% and 6.3% year-to-date, respectively, based on their closing prices on November 30. In this part, we’ll discuss why Alcoa stock fell 9% in November.