Wall Street prepares for sector-specific shakeups during Election Week 2024. A Democratic win could boost clean energy stocks, while a Trump victory could benefit the steel sector.
U.S. Steel Addresses Misinformation; PZG's Grassy Mountain Bond Agreement; Metals Acquisition Warrant Redemption And More: Tuesday's Top Mining Stories
Gainers Akerna Corp. (NASDAQ: KERN) shares rose 81.2% to $0.2355 after gaining 8% on Tuesday.
Someone with a lot of money to spend has taken a bearish stance on Alcoa (NYSE:AA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Alcoa (NYSE:AA) has outperformed the market over the past 5 years by 3.8% on an annualized basis producing an average annual return of 16.17%. Currently, Alcoa has a market capitalization of $13.01 billion.
Alcoa Corporation's (NYSE:AA) short percent of float has risen 10.91% since its last report. The company recently reported that it has 8.93 million shares sold short, which is 4.88% of all regular shares that are available for trading.