Freeport-McMoRan Inc. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Freeport-McMoRan (FCX) shares fell 1.72% to $61.64, underperforming the broader market but outpacing competitor Newmont Corp. The stock remains 14.71% below its 52-week high of $72.28. Trading volume was below the 50-day average.
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Shares of Freeport-McMoRan Inc. (FCX) slid 1.72% to $61.64 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.21% to 7,428.78 and the Dow Jones Industrial Average rising 1.03% to 52,747.32.
Freeport-McMoRan Inc. closed 14.71% short of its 52-week high of $72.28, which the company reached on June 17th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Newmont Corp. (NEM) fell 2.09% to $91.52.
Trading volume (13.4 M) remained 922,518 below its 50-day average volume of 14.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 28, 2026.
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