DJ Freeport-McMoRan Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Freeport-McMoRan Inc. $(FCX)$ slid 2.04% to $40.74 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's third consecutive day of losses.
Freeport-McMoRan Inc. closed $14.50 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 Monday, as Newmont Corp. $(NEM)$ fell 0.35% to $40.08.
Trading volume (10.2 M) remained 502,711 below its 50-day average volume of 10.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:50 ET (21:50 GMT)
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