Alcoa Plunges Most In Year After CFO Warns Alumina Unit "Will Be Underwater" Amid Hormuz Disruption
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Source: Zero Hedge
Published: 2026-06-11 20:55 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy
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Snippet:
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.
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