DJ Freeport-McMoRan Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Freeport-McMoRan Inc. $(FCX)$ slipped 0.06% to $51.20 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.74% to 5,267.84 and Dow Jones Industrial Average falling 1.53% to 39,065.26.
This was the stock's third consecutive day of losses.
Freeport-McMoRan Inc. closed $4.04 short of its 52-week high ($55.24), which the company reached on May 20th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Newmont Corp. $(NEM)$ fell 2.74% to $41.23.
Trading volume (16.9 M) remained 63,730 below its 50-day average volume of 16.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2024.
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(END) Dow Jones Newswires
May 23, 2024 16:46 ET (20:46 GMT)
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