Why Shares of Century Aluminum Are Up More Than 20% This Week
Shares of Century Aluminum (NASDAQ: CENX) are set to end the week near a price of $12.80, according to data provided by S&P Global Market Intelligence, up more than 20% from last Friday's closing price. Much of the credit for this week's surge can be given to President Joe Biden. Last Friday, the President signed a proclamation imposing a 200% tariff on imports of aluminum products manufactured in Russia.