DJ Freeport-McMoRan Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Freeport-McMoRan Inc. $(FCX)$ slid 4.57% to $46.36 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
Freeport-McMoRan Inc. closed $8.88 short of its 52-week high ($55.24), which the company reached on May 20th.
The stock underperformed when compared to some of its competitors Friday, as Newmont Corp. $(NEM)$ fell 0.27% to $45.04.
Trading volume (15.8 M) eclipsed its 50-day average volume of 11.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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(END) Dow Jones Newswires
November 08, 2024 16:48 ET (21:48 GMT)
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