DJ Freeport-McMoRan Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Freeport-McMoRan Inc. $(FCX)$ dropped 0.26% to $46.87 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
The stock's fall snapped a three-day winning streak.
Freeport-McMoRan Inc. closed $8.37 below its 52-week high ($55.24), which the company achieved on May 20th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Newmont Corp. $(NEM)$ fell 3.30% to $44.48.
Trading volume (12.7 M) eclipsed its 50-day average volume of 11.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 16:49 ET (21:49 GMT)
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