Freeport-McMoRan Inc. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Freeport-McMoRan (FCX) shares fell 1.28% to $62.63, underperforming the broader market as the S&P 500 and Dow Jones rose. Despite the decline, FCX outperformed competitor Newmont Corp., which dropped 2.14%. The stock remains 13.34% below its 52-week high of $72.28. Trading volume was lower than the 50-day average.
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Shares of Freeport-McMoRan Inc. (FCX) slipped 1.28% to $62.63 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.70% to 7,489.72 and the Dow Jones Industrial Average rising 0.53% to 52,485.03.
Freeport-McMoRan Inc. closed 13.34% below its 52-week high of $72.28, which the company reached on June 17th.
Despite its losses, the stock outperformed some of its competitors Friday, as Newmont Corp. (NEM) fell 2.14% to $93.71.
Trading volume (10.8 M) remained 3.7 million below its 50-day average volume of 14.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 31, 2026.
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