Freeport-McMoRan Inc. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Freeport-McMoRan (FCX) shares fell 1.85% to $72.56 on Thursday, underperforming the broader market as the S&P 500 and Dow Jones rose over 1%. The stock closed 9.57% below its 52-week high of $80.24. In contrast, competitor Newmont Corp. gained 4.43%. Trading volume was lower than the 50-day average.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Freeport-McMoRan Inc. (FCX) slid 1.85% to $72.56 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.06% to 7,747.71 and the Dow Jones Industrial Average rising 1.18% to 53,686.11.
Freeport-McMoRan Inc. closed 9.57% short of its 52-week high of $80.24, which the company reached on August 26th.
The stock underperformed when compared to some of its competitors Thursday, as Newmont Corp. (NEM) rose 4.43% to $130.43.
Trading volume (11.1 M) remained 3.8 million below its 50-day average volume of 14.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 3, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
09-03-26 1640ET