Freeport-McMoRan Inc. Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.Freeport-McMoRan (FCX) shares rose 2.84% to $68.38, outperforming the broader market and competitors like Newmont Corp. during a grim trading session where the S&P 500 and Dow Jones fell. This gain ended a two-day losing streak for FCX, though it remains 5.39% below its 52-week high. Trading volume was lower than the 50-day average.
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Shares of Freeport-McMoRan Inc. (FCX) rose 2.84% to $68.38 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.52% to 7,745.06 and Dow Jones Industrial Average falling 0.51% to 53,459.78.
The stock's rise snapped a two-day losing streak.
Freeport-McMoRan Inc. closed 5.39% below its 52-week high of $72.28, which the company reached on June 17th.
The stock outperformed some of its competitors Monday, as Newmont Corp. (NEM) rose 2.18% to $120.33.
Trading volume (9.7 M) remained 4.7 million below its 50-day average volume of 14.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 17, 2026.
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08-17-26 1641ET