---
title: "Freeport-McMoRan Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297828444.md"
description: "Freeport-McMoRan (FCX) shares rose 2.01% to $73.93 on Wednesday, ending a five-day losing streak and benefiting from broader market gains in the S&P 500 and Dow Jones. Despite the daily increase, FCX underperformed compared to competitor Newmont Corp., which gained 2.06%. The stock remains 7.86% below its 52-week high of $80.24 reached in August. Trading volume was lower than the 50-day average."
datetime: "2026-09-02T20:39:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297828444.md)
  - [en](https://longbridge.com/en/news/297828444.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297828444.md)
generator: "portal-rs"
---

# Freeport-McMoRan Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

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

Shares of Freeport-McMoRan Inc. (FCX) advanced 2.01% to $73.93 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.46% to 7,666.60 and the Dow Jones Industrial Average rising 0.56% to 53,061.95.

The stock's rise snapped a five-day losing streak.

Freeport-McMoRan Inc. closed 7.86% below its 52-week high of $80.24, which the company reached on August 26th.

The stock underperformed when compared to some of its competitors Wednesday, as Newmont Corp. (NEM) rose 2.06% to $125.16.

Trading volume (11.9 M) remained 3.0 million below its 50-day average volume of 15.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 2, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

09-02-26 1639ET

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**