BHP Stock – Freeport-McMoRan Inc. stock underperforms Thursday when compared to competitors
Shares of Freeport-McMoRan Inc.
shed 3.23% to $34.74 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.92% to 4,134.98 and Dow Jones Industrial Average
falling 0.94% to 33,815.90. Freeport-McMoRan Inc. closed $4.36 below its 52-week high ($39.10), which the company reached on February 22nd.
The stock underperformed when compared to some of its competitors Thursday, as BHP Group PLC ADR
fell 2.47% to $60.33, BHP Group Ltd. ADR
fell 1.84% to $72.58, and Rio Tinto PLC ADR
fell 2.31% to $84.01. Trading volume (23.9 M) eclipsed its 50-day average volume of 23.7 M.