DJ Freeport-McMoRan Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Freeport-McMoRan Inc. $(FCX)$ slipped 1.10% to $43.12 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's fourth consecutive day of losses.
Freeport-McMoRan Inc. closed $12.12 below its 52-week high ($55.24), which the company achieved on May 20th.
The stock underperformed when compared to some of its competitors Wednesday, as Newmont Corp. $(NEM)$ fell 0.84% to $41.23.
Trading volume (11.9 M) eclipsed its 50-day average volume of 11.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:50 ET (21:50 GMT)
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