Freeport-McMoRan Inc. stock rises Wednesday, still underperforms market

Freeport-McMoRan Inc. stock rises Wednesday, still underperforms market

Shares of Freeport-McMoRan Inc. FCX, +0.22% inched 0.22% higher to $36.90 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.46% rising 1.46% to 3,789.99 and the Dow Jones Industrial Average DJIA, +1.00% rising 1.00% to 30,668.53. The stock’s rise snapped a five-day losing streak. Freeport-McMoRan Inc. closed $15.09 below its 52-week high ($51.99), which the company achieved on March 25th.

Trading volume (17.1 M) remained 790,155 below its 50-day average volume of 17.9 M.

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