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Alcoa Tumbles 10% After Q4 Report

Alcoa Tumbles 10% After Q4 Report
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Aloca Inc (NYSE: AA) shares are trading lower by $0.80 at $7.20 in Tuesday's session. Despite posting inline EPS at $0.04, the Street seems to be focusing on its revenue miss ($5.2 billion vs. $5.29 billion).

See Also: Deutsche Bank Is Buying Alcoa The Day After Earnings

After a flat open, sellers flooded the issue by easily surpassing its recent low for the move at $7.90. In addition, it has sliced through its July 2013-low of $7.63, falling all the way to $7.16.

At this time, it has unable to distance itself from that low.

Posted-In: Technicals Intraday Update Movers Trading Ideas Best of Benzinga


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