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Shares of Freeport-McMoRan Inc. (FCX) shed 1.84% to $38.87 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.26% to 4,688.67 and Dow Jones Industrial Average falling 0.58% to 35,931.05. This was the stock's third consecutive day of losses. Freeport-McMoRan Inc. closed $7.23 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 Wednesday, as BHP Group PLC ADR (BHP.LN) fell 0.35% to $50.84, BHP Group Ltd. ADR (BHP.AU) fell 0.80% to $52.32, and Rio Tinto PLC ADR (RIO.LN) rose 0.20% to $60.67. Trading volume (18.9 M) remained 2.0 million below its 50-day average volume of 20.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2021.
(END) Dow Jones Newswires
November 17, 2021 16:53 ET (21:53 GMT)
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