What caused Kaiser Aluminum Corp.'s stock to rebound, and what was its closing price and gain on Wednesday?

Kaiser Aluminum Corp.'s stock rebounded due to positive press about the aluminum industry and the company's strong first-quarter earnings report, which surpassed analyst estimates; additionally, the conflict in Iraq created a supply deficit in the aluminum market that benefited producers like Kaiser and Alcoa. The stock closed Wednesday at $168.95 with a 3.65% increase.

Why did the conflict in Iraq affect Kaiser Aluminum Corp.'s stock performance?

The conflict in Iraq influenced the aluminum market by creating a supply deficit, which benefited aluminum producers such as Kaiser Aluminum Corp. and Alcoa, contributing to Kaiser's stock rebound.

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Kaiser Aluminum Corp stock rose 3.65% to $168.95 after beating Q1 earnings estimates, driven by positive aluminum industry sentiment and supply deficits linked to the Iraq conflict.

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