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Shares of Freeport-McMoRan Inc. (FCX) slid 1.37% to $33.11 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 4,359.46 and the Dow Jones Industrial Average rising 0.26% to 34,390.72. This was the stock's second consecutive day of losses. Freeport-McMoRan Inc. closed $12.99 below its 52-week high ($46.10), which the company reached on May 10th.
The stock underperformed when compared to some of its competitors Wednesday, as BHP Group PLC ADR (BHP.LN) rose 0.04% to $49.76, BHP Group Ltd. ADR (BHP.AU) rose 0.11% to $52.62, and Rio Tinto PLC ADR (RIO.LN) fell 0.14% to $65.74. Trading volume (12.7 M) remained 5.6 million below its 50-day average volume of 18.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 29, 2021.
(END) Dow Jones Newswires
September 29, 2021 16:54 ET (20:54 GMT)
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