Word: alcoa
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Dates: during 2010-2019
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...anymore. Earlier this week, aluminum giant Alcoa posted fourth-quarter results that fell short of Wall Street's expectations, triggering a sell-off in the company's shares. The company reported a loss of 28 cents a share, which was narrower than the $1.49-a-share loss a year earlier. However, it missed analysts' projections. Investors were particularly miffed at Alcoa's revenue number, which totaled $5.43 billion, down 4.6% from $5.69 billion a year ago. Analysts had been expecting revenue growth. Investors subsequently dumped shares, causing the stock to plunge 11%, its worst one-day drop since last March...