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Here's Why Freeport-McMoRan (FCX) Fell More Than Broader Market

In the latest close session, Freeport-McMoRan (FCX) was down 16.95% at $37.67. The stock's performance was behind the S&P 500's daily loss of 0.29%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.34%. Shares of the mining company witnessed a gain of 2.28% over the previous month, trailing the performance of the Basic Materials sector with its gain of 4.35%, and the S&P 500's gain of 3.08%.Market participants will be closely following the financial results of Freepo ...