Century (CENX) Surges 6.7%: Is This an Indication of Further Gains?

Century Aluminum (CENX) shares soared 6.7% in the last trading session to close at $20.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2% gain over the past four weeks. Optimism over the Trump administration's move to double tariffs on aluminum imports to 50% for most countries is driving the stock higher. CENX is poised to benefit from higher domestic aluminum prices as a result of the tariffs, which would drive its revenues ...