Freeport-McMoRan Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Freeport-McMoRan Inc. (FCX) rose 1.70% to $60.35, marking its fourth consecutive day of gains, despite a decline in the broader stock market. The S&P 500 fell 0.53%, while the Dow Jones dropped 0.09%. Freeport-McMoRan reached a new 52-week high, surpassing its previous peak of $60.09. The trading volume was 19.7 million, exceeding the 50-day average of 16.1 million. In comparison, competitor Newmont Corp. (NEM) fell 0.42% to $114.15.
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