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Freeport-McMoRan stock price sinks 7.5% as copper tumbles from record highs — what’s next for FCX

Freeport-McMoRan stock price sinks 7.5% as copper tumbles from record highs — what’s next for FCX

New York, January 30, 2026, 18:53 EST — After-hours.

  • Freeport-McMoRan ended Friday down 7.52% at $60.23, reversing from a fresh 52-week high a day earlier.
  • Copper and precious metals slid as traders took profits and the dollar firmed.
  • The next test for FCX is whether copper’s pullback carries into next week, with key U.S. data on deck.

Freeport-McMoRan shares fell 7.5% on Friday to close at $60.23, a sharp reversal a day after the stock hit a 52-week high of $69.44. About 40.7 million shares changed hands, according to the company’s quote page. (Freeport-McMoRan Investors)

Copper and precious metals tumbled as investors locked in profits and the dollar firmed after Donald Trump said he had tapped Kevin…

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