Freeport-McMoRan Inc. Stock Sheds 4.3%, Underperforms Market
Dow Jones2026/09/01 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Freeport-McMoRan Inc. slid 4.3% to $72.47 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,631.47 and Dow Jones Industrial Average falling 0.8% to 52,766.88.
This was the stock's fifth consecutive day of losses.
Freeport-McMoRan Inc. closed 9.7% below its 52-week high of $80.24, which the company reached on August 26th.
The stock underperformed when compared to some of its peers, as Newmont Corp. fell 2.7% to $122.63.
Trading volume totaled 12.8 million, compared to the 50-day average of 15.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 01, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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