Alcoa stock closed Friday at $41.45, bull $41.80, bear…
By Tobi Opeyemi Amure
AI summary of the source article
Alcoa shares closed at $41.45, up 2.55%, following its earnings release. The company posted revenue of $3,704 million and adjusted net income of $485 million, while cash stood at $4.4 billion following a $2.6 billion notes issuance.
Key facts
- Alcoa shares finished trading on 16 October 2026 at $41.45, up 2.55% after reaching an intraday high of $44.348.
- The company reported revenue of $3,704 million, GAAP net income of $483 million, and adjusted net income of $485 million.
- Alcoa raised $2.6 billion through two note issuances on 23 September 2026, bringing total cash to $4.4 billion.
Source excerpt · FinanceFeeds
The earnings rally in Alcoa did not survive the official close. Alcoa stock finished Friday, 16 October 2026, at $41.45, up $1.03, or 2.55 percent, from Thursday's $40.42, with a year-end bull of $41.80 and a bear of $24.09. The same Nasdaq bar has a high of $44.348, 9.72 percent above Thursday, and a low of $41.08. The close is $0.20 under the $41.65 open. A 6.3 percent intraday claim was in circ…