DJ Freeport-McMoRan Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Freeport-McMoRan Inc. $(FCX)$ inched 0.77% higher to $43.00 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
Freeport-McMoRan Inc. closed $12.24 below its 52-week high ($55.24), which the company reached on May 20th.
The stock underperformed when compared to some of its competitors Wednesday, as Newmont Corp. $(NEM)$ rose 1.90% to $42.28.
Trading volume (7.2 M) remained 3.6 million below its 50-day average volume of 10.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 16:49 ET (21:49 GMT)
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