Freeport-McMoRan Inc. stock underperforms Tuesday when compared to competitors
Shares of Freeport-McMoRan Inc. FCX, -1.78%[1] shed 1.78% to $38.14 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.60%[2] falling 0.60% to 4,975.51 and Dow Jones Industrial Average DJIA, -0.17%[3] falling 0.17% to 38,563.80.
The stock's fall snapped a three-day winning streak.
Freeport-McMoRan Inc. closed $6.56 short of its 52-week high ($44.70), which the company reached on July 31st.
The stock underperformed when compared to some of its competitors Tuesday, as Newmont Corp. NEM, -0.72%[4] fell 0.72% to $33.19.
Trading volume (10.5 M) remained 2.1 million below its 50-day average volume of 12.5 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.[5][6]
References
- ^ FCX, -1.78% (www.marketwatch.com)
- ^ SPX, -0.60% (www.marketwatch.com)
- ^ DJIA, -0.17% (www.marketwatch.com)
- ^ NEM, -0.72% (www.marketwatch.com)
- ^ Automated Insights (automatedinsights.com)
- ^ See our market data terms of use. (www.marketwatch.com)