Published on 5 Oct 2021 on Market Watch
Freeport-McMoRan Inc. stock underperforms Tuesday when compared to competitors
Shares of Freeport-McMoRan Inc. FCX slid 1.56% to $32.20 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.05% to 4,345.72 and the Dow Jones Industrial Average DJIA rising 0.92% to 34,314.67. This was the stock's second consecutive day of losses. Freeport-McMoRan Inc. closed $13.90 short of its 52-week high ($46.10), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Tuesday, as BHP Group PLC...