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Shares of Freeport-McMoRan Inc. (FCX) rose 8.23% to $34.32 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.83% to 4,399.76 and the Dow Jones Industrial Average rising 0.98% to 34,754.94. The stock's rise snapped a three-day losing streak. Freeport-McMoRan Inc. closed $11.78 below its 52-week high ($46.10), which the company achieved on May 10th.
The stock outperformed some of its competitors Thursday, as BHP Group PLC ADR (BHP.LN) rose 1.65% to $51.88, BHP Group Ltd. ADR (BHP.AU) rose 1.30% to $54.45, and Rio Tinto PLC ADR (RIO.LN) rose 1.58% to $68.13. Trading volume (37.0 M) eclipsed its 50-day average volume of 18.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 7, 2021.
(END) Dow Jones Newswires
October 07, 2021 16:53 ET (20:53 GMT)
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