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Shares of Freeport-McMoRan Inc. (FCX) rose 2.40% to $37.10 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. The stock's rise snapped a two-day losing streak. Freeport-McMoRan Inc. closed $9.00 below its 52-week high ($46.10), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Thursday, as BHP Group PLC ADR (BHP.LN) rose 5.08% to $56.84, BHP Group Ltd. ADR (BHP.AU) rose 4.32% to $57.66, and Rio Tinto PLC ADR (RIO.LN) rose 3.17% to $64.13. Trading volume (18.5 M) remained 974,637 below its 50-day average volume of 19.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2021.
(END) Dow Jones Newswires
December 02, 2021 16:53 ET (21:53 GMT)
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