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Shares of Freeport-McMoRan Inc. (FCX) slid 1.75% to $32.53 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.19% to 4,307.54 and Dow Jones Industrial Average falling 1.59% to 33,843.92. This was the stock's third consecutive day of losses. Freeport-McMoRan Inc. closed $13.57 below its 52-week high ($46.10), which the company reached on May 10th.
The stock underperformed when compared to some of its competitors Thursday, as BHP Group PLC ADR (BHP.LN) rose 1.87% to $50.69, BHP Group Ltd. ADR (BHP.AU) rose 1.71% to $53.52, and Rio Tinto PLC ADR (RIO.LN) rose 1.64% to $66.82. Trading volume (23.0 M) eclipsed its 50-day average volume of 18.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 30, 2021.
(END) Dow Jones Newswires
September 30, 2021 16:53 ET (20:53 GMT)
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