Why Freeport-McMoRan Stock May Hit a New High After Earnings Beat
Freeport-McMoRan TodayFCXFreeport-McMoRan27.66▼51.00Add to WatchlistShares of Freeport-McMoRan Inc. NYSE: FCX are down over 1.3% after the mining company delivered a double beat in its second-quarter earnings report. This is a reversal after FCX had bounced 1.3% higher at the market open. Top-line revenue of 6.8 billion and was 15% higher than the $6.6 billion recorded in the same qua ...