Why This Metal Stock Plunged 19% Amid a Commodities Boom

·2-min read
Why This Metal Stock Plunged 19% Amid a Commodities Boom

Century Aluminum (NASDAQ: CENX) shares bled through Thursday and closed down 19.11% after delivering an unimpressive set of second-quarter numbers. Century Aluminum shares had gained a whopping 25%, but it took only one day for the stock to give up most of those gains. As a result, aluminum prices have shot up this year to hit historical highs.

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