Why Alcoa Stock Fell 60%?

PITTSBURGH, PA - JANUARY 7: An Alcoa logo is seen on glass at the corporate headquarters January 7, ... [+] 2009 in Pittsburgh, Pennsylvania. (Photo by Jeff Swensen/Getty Images)2009 Getty ImagesAlcoa has fallen almost 60% since its peak of $92 in March 2022 as compared to a 33% increase in the S&P500 index during the same time. Alcoa’s downward stock price movement is much sharper compared to that for its peers, including Century Aluminum Co which is down 33%, and Kaiser Aluminum Corp down 28% in the perio ...