Alcoa Inc (#AA) Stock Price, Live Chart & Analysis | Trade #AA

Interesting facts about the #AA (Alcoa Inc)

Working with his sister, Charles Martin Hall, a chemistry student in Oberlin, Ohio, discovered a way to make aluminum through electrolysis. The usage of electrolysis reduces the cost of aluminum. Simultaneously, chemist Paul T. Héroult of France discovered the same technique, which is known as the Hall-Héroult Process. Today, the Hall-Héroult Process is the only method used by every aluminum producer on the planet.

In 1888, Charles Martin Hall found backers and founded Pittsburgh Reduction Company, and a trial production plant on Smallman Street was established. That corporation later became known as Alcoa. Alcoa continued growing and went public in 1925. That year, the company's common stock began to trade on the New York Curb Exchange, the predecessor of the American Stock Exchange. Since its inception, Alcoa alloys and propellants have been used in the United States space program, including the first manned flight, the moon landing, the Space Shuttle, and the International Space Station.

In 1979, the Alcoa Recycling Company was formed to help it achieve its goal of improving sustainability by boosting its recycling activity.

In 2008, Alcoa launched the joint venture ELYSIS to market a smelting technology patented by Alcoa that eliminates greenhouse gas emissions while producing pure oxygen.

In 2020, EcoSource, the first low-carbon, smelter-grade alumina brand, was added to Alcoa's Sustana product line. Alcoa gained permission to promote and sell responsibly manufactured products worldwide with Aluminium Stewardship Initiative certifications.

Currently, Alcoa stocks are traded on the New York Stock Exchange under the #AA ticker. The share price is quite low for a corporation that has been on the market for such a long period. However, when trading a stock CFD, you should always be able to predict the price direction correctly. Check what is happening in the aluminum industry of the non-energy minerals sector. The company's financial data are no longer very strong. So, you should consider earnings reports to predict the stock price.