Alcoa’s stock down

Shares in aluminum producer Alcoa Inc (AA.N) fell nearly 3 percent on Tuesday on fears over aluminum price.

The news release is quoted as saying:

In afternoon trading on the New York Stock Exchange, Alcoa stock was down 2.8 percent at $16.18, even though the aluminum price, at $2,300 a tonne in London, was up from $2,266 on Monday.

Click here to access the entire press release