Freeport-McMoRan (FCX) Stock Sinks As Market Gains: What You Should Know

Freeport-McMoRan (FCX) closed the most recent trading day at $41.73, moving -0.33% from the previous trading session. This change lagged the S&P 500’s daily gain of 0.88%.
Heading into today, shares of the mining company had lost 0.48% over the past month, lagging the Basic Materials sector’s gain of 4.83% and the S&P 500’s gain of 0.15% in that time.
FCX will be looking to display strength as it nears its next earnings release. On that day, FCX is projected to report earnings of $0.73 per share,…

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