DJ Freeport-McMoRan Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Freeport-McMoRan Inc. $(FCX)$ advanced 1.27% to $45.59 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.41% to 5,728.80 and the Dow Jones Industrial Average rising 0.69% to 42,052.19.
The stock's rise snapped a three-day losing streak.
Freeport-McMoRan Inc. closed $9.65 short of its 52-week high ($55.24), which the company reached on May 20th.
The stock outperformed some of its competitors Friday, as Newmont Corp. $(NEM)$ fell 0.40% to $45.26.
Trading volume (7.7 M) remained 3.6 million below its 50-day average volume of 11.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2024.
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(END) Dow Jones Newswires
November 01, 2024 16:49 ET (20:49 GMT)
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