Noranda highlights pressure on aluminum

By
A A A

Shares of Noranda fell 14% over the last month. This is definitely a sign of a commodities sector under pressure. Here is a look at NOR ( quote ) in all its recent volatility: As we mentioned a few weeks ago market update , the only thing holding AA ( quote ) up is rumors that BHP ( quote ) is contemplating a bid for the company. This is an excellent call based purely on valuations -- and look at names like China Aluminum ( ACH , quote ), which just logged its best month of production ever, and yet is still off 6% over the last four sessions:




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , International , Stocks

Referenced Stocks: AA , ACH , BHP , NOR

Emerging Money

Emerging Money

More from Emerging Money:

Related Videos

Stocks

Referenced

Most Active by Volume

86,904,687
  • $15.56 ▼ 1.46%
86,854,347
  • $7.62 ▼ 1.93%
85,075,754
  • $27.25 ▼ 0.11%
49,181,594
  • $124.75 ▼ 1.13%
48,007,815
  • $8.79 ▲ 1.27%
41,460,304
  • $58.42 ▼ 2.09%
41,296,100
  • $41.615 ▼ 1.29%
40,272,476
  • $106.01 ▼ 1.56%
As of 4/17/2015, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com