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How Trump Sent Alcoa Stock Soaring 12.5% in August

Sep 07, 2020 - Nasdaq
Financial Results

What happened Shares of Alcoa (NYSE: AA) jumped 12.5% in the month of August, according to data provided by  S&P Global Market Intelligence , extending their rally from July. While better-than-expected second-quarter numbers lifted the stock higher in July, President Donald Trump set the aluminum giant's shares on fire last month. So what On August 6, Trump delivered a speech at a Whirlpool manufacturing plant. The biggest takeaway from his speech was about tariffs. The President decided to...