DJ Freeport-McMoRan Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Freeport-McMoRan Inc. $(FCX)$ shed 1.02% to $38.01 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
This was the stock's second consecutive day of losses.
Freeport-McMoRan Inc. closed 29.47% short of its 52-week high of $53.89, which the company achieved on May 28th.
The stock underperformed when compared to some of its competitors Wednesday, as Newmont Corp. $(NEM)$ rose 0.65% to $52.64.
Trading volume (11.0 M) remained 6.9 million below its 50-day average volume of 18.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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May 21, 2025 16:48 ET (20:48 GMT)
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