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Why Century Aluminum Stock Rallied in Early Trading Today

·2-min read

Shares of Century Aluminum (NASDAQ: CENX) rose sharply in morning trading on Aug. 10, gaining 17.5% by roughly 11:15 a.m. ET. The company reported second-quarter 2022 earnings after the close on Aug. 9, which would normally be the go-to explanation for the move. On the top line, Century Aluminum reported revenue of $856.6 million, up 14% from the $753.6 million it earned in the first quarter of the year.