Investors bid Alcoa (NYSE:AA) up US$449m despite increasing losses YoY, taking five-year CAGR to 12%
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you’d like to see the share price move up more than the market average. Unfortunately for shareholders, while the Alcoa Corporation (NYSE:AA) share price is up 73% in the last five years, that’s