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Shares of Freeport-McMoRan Inc. (FCX) slipped 1.41% to $37.74 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.05% to 35,619.25 and the S&P 500 Index falling 0.32% to 4,682.94. This was the stock's sixth consecutive day of losses. Freeport-McMoRan Inc. closed $8.36 short of its 52-week high ($46.10), which the company reached on May 10th.
The stock underperformed when compared to some of its competitors Monday, as BHP Group PLC ADR (BHP.LN) rose 3.60% to $52.63, BHP Group Ltd. ADR (BHP.AU) rose 3.17% to $54.02, and Rio Tinto PLC ADR (RIO.LN) rose 2.14% to $62.01. Trading volume (19.0 M) remained 2.3 million below its 50-day average volume of 21.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2021.
(END) Dow Jones Newswires
November 22, 2021 16:53 ET (21:53 GMT)
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