DJ Freeport-McMoRan Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Freeport-McMoRan Inc. $(FCX)$ slid 0.06% to $49.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 37,903.29 and the S&P 500 Index falling 0.34% to 5,018.39.
This was the stock's second consecutive day of losses.
Freeport-McMoRan Inc. closed $2.61 short of its 52-week high ($52.52), which the company achieved on April 29th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Newmont Corp. $(NEM)$ fell 0.15% to $40.58.
Trading volume (19.2 M) eclipsed its 50-day average volume of 15.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024.
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May 01, 2024 16:47 ET (20:47 GMT)
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