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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 rising 1.05% to 4,345.72 and the Dow Jones Industrial Average 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 ADR (BHP.LN) rose 0.65% to $50.81, BHP Group Ltd. ADR (BHP.AU) fell 0.13% to $53.29, and Rio Tinto PLC ADR (RIO.LN) fell 0.27% to $66.38. Trading volume (19.9 M) eclipsed its 50-day average volume of 18.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 5, 2021.
(END) Dow Jones Newswires
October 05, 2021 16:53 ET (20:53 GMT)
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