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Shares of Freeport-McMoRan Inc. (FCX) slipped 2.29% to $36.23 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.18% to 4,513.04 and Dow Jones Industrial Average falling 1.34% to 34,022.04. This was the stock's second consecutive day of losses. Freeport-McMoRan Inc. closed $9.87 below its 52-week high ($46.10), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Wednesday, as BHP Group PLC ADR (BHP.LN) fell 1.62% to $54.09, BHP Group Ltd. ADR (BHP.AU) fell 1.64% to $55.27, and Rio Tinto PLC ADR (RIO.LN) fell 0.85% to $62.16. Trading volume (19.2 M) remained 1.2 million below its 50-day average volume of 20.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2021.
(END) Dow Jones Newswires
December 01, 2021 16:53 ET (21:53 GMT)
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