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Alcoa Corp. Faces Weak Start with 11.48% Gap Down Amid Market Concerns
Alcoa Corp. opened with a significant 11.48% gap down, underperforming the S&P 500, and has also lagged the index over the past month. Despite the challenging trading day, the company exhibits a conservative leverage approach with a low debt-to-equity ratio of 0.13 and a strong return on equity at 29.96%. Its market capitalization is approximately USD 17.57 billion, and its P/E ratio stands at 10.00.