Why Alcoa Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Alcoa Corporation's shares rose 2.4% to $41.38 in pre-market trading following the release of its third-quarter earnings, which showed a profit of $1.82 per share, exceeding the analyst consensus estimate of $1.47. However, the company's quarterly sales of $3.704 billion fell short of the expected $3.785 billion. The positive earnings report contributed to the increase in share price despite the sales miss.