Freeport-McMoRan Inc. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Freeport-McMoRan (FCX) shares fell 1.42% to $62.60, marking its second consecutive day of losses and trading 13.39% below its 52-week high. Despite the decline, FCX outperformed competitor Newmont Corp., which dropped 1.62%. The stock traded on lower volume than its 50-day average during a generally favorable market session where the S&P 500 and Dow Jones rose slightly.
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Shares of Freeport-McMoRan Inc. (FCX) slid 1.42% to $62.60 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.05% to 7,411.98 and the Dow Jones Industrial Average rising 0.46% to 51,947.25.
This was the stock's second consecutive day of losses.
Freeport-McMoRan Inc. closed 13.39% below its 52-week high of $72.28, which the company achieved on June 17th.
Despite its losses, the stock outperformed some of its competitors Friday, as Newmont Corp. (NEM) fell 1.62% to $93.19.
Trading volume (11.9 M) remained 2.6 million below its 50-day average volume of 14.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2026.
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07-24-26 1641ET