FCX Stock Recent News
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The latest trading day saw Freeport-McMoRan (FCX) settling at $39.51, representing a +1.7% change from its previous close.
Despite the Zacks Mining - Non Ferrous industry's weak near-term outlook, stocks like SCCO, FCX and ARREF are worth keeping an eye on given their growth potential.
Editor's Note: The headline has been updated for clarity.
Zacks.com users have recently been watching Freeport-McMoRan (FCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Freeport-McMoRan's stock is being hurt by investor rotation out of the U.S. market but should rally as copper prices surge.
Freeport-McMoRan (FCX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Trump tariffs are expanding rapidly, with copper now on the list, but some relief may come for automakers. The post Trump Tariffs Update: Deal Hopes, Copper Tariffs Boost GM, FCX; S&P 500 Sell-Off Pauses appeared first on Investor's Business Daily.
Zacks.com users have recently been watching Freeport-McMoRan (FCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
While FCX is well-placed on progress in expansion activities and robust financial health, high production costs and falling copper prices warrant caution.