Freeport-McMoRan Inc. Stock Falls 12.6%, Underperforms Market

Dow Jones04-24

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Freeport-McMoRan Inc. tumbled 12.6% to $61.48 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,108.40 and Dow Jones Industrial Average falling 0.4% to 49,310.32.

Freeport-McMoRan Inc. closed 13.4% short of its 52-week high of $70.97, which the company reached on April 20th.

The stock underperformed when compared to some of its peers, as Newmont Corp. fell 0.7% to $111.06.

Trading volume totaled 38.7 million, compared to the 50-day average of 17.3 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 23, 2026 16:33 ET (20:33 GMT)

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