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Shares of Freeport-McMoRan Inc. (FCX) shed 2.37% to $37.08 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.90% to 4,567.00 and Dow Jones Industrial Average falling 1.86% to 34,483.72. Freeport-McMoRan Inc. closed $9.02 below its 52-week high ($46.10), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Tuesday, as BHP Group PLC ADR (BHP.LN) rose 0.88% to $54.98, BHP Group Ltd. ADR (BHP.AU) rose 0.41% to $56.19, and Rio Tinto PLC ADR (RIO.LN) fell 0.40% to $62.69. Trading volume (27.0 M) eclipsed its 50-day average volume of 19.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 30, 2021.
(END) Dow Jones Newswires
November 30, 2021 16:53 ET (21:53 GMT)
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