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home / news releases / KALU - Hot Stocks: Donald Trump SPAC; NFLX sets high; Brazil stocks fall; KALU drops on earnings

KALU - Hot Stocks: Donald Trump SPAC; NFLX sets high; Brazil stocks fall; KALU drops on earnings

Kaiser Aluminum Corporation
Former President Donald Trump stepped back into the spotlight Thursday, headlining a SPAC deal that will take his new media company public. The vehicle for the transaction, Digital World Acquisition Corp. (NASDAQ:DWAC), more than quadrupled on the news. Turning from a newcomer in the media space to one of the sector's most dominant players, Netflix (NASDAQ:NFLX) shook off a post-earnings hangover to renew its upward momentum and reach a new 52-week high. Looking to some of the day's biggest losers, U.S.-listed Brazilian stocks suffered a widespread sell-off during the session. A nasty political climate in the country and a pessimistic outlook for Vale (NYSE:VALE) weighed on the sector. Petrobras (NYSE:PBR), Ambev (NYSE:ABEV) and Banco Santander (NYSE:BSBR) all participated in the retreat. Cosan (NYSE:CSAN) also fell, dropping to a new low. Elsewhere, Kaiser Aluminum (NASDAQ:KALU) was another major loser on Thursday. A weak earnings report sparked a double-digit percentage slide. Sector

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Hot Stocks: Donald Trump SPAC; NFLX sets high; Brazil stocks fall; KALU drops on earnings
Stock Information
Company Name: Kaiser Aluminum Corporation
Stock Symbol: KALU
Market: NASDAQ
Website: kaiseraluminum.com
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