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Shares of Freeport-McMoRan Inc. (FCX) rallied 6.45% to $39.43 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.09% to 4,701.70 and the Dow Jones Industrial Average rising 0.29% to 36,432.22. This was the stock's second consecutive day of gains. Freeport-McMoRan Inc. closed $6.67 below its 52-week high ($46.10), which the company reached on May 10th.
The stock outperformed some of its competitors Monday, as BHP Group PLC ADR (BHP.LN) rose 2.26% to $52.88, BHP Group Ltd. ADR (BHP.AU) rose 2.41% to $54.71, and Rio Tinto PLC ADR (RIO.LN) rose 2.75% to $62.29. Trading volume (25.0 M) eclipsed its 50-day average volume of 19.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2021.
(END) Dow Jones Newswires
November 08, 2021 16:53 ET (21:53 GMT)
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