Rio Tinto PLC Stock – Freeport-McMoRan Inc. stock falls Wednesday, underperforms market
Shares of Freeport-McMoRan Inc.
slipped 1.64% to $40.70 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.18% to 4,219.55 and Dow Jones Industrial Average
falling 0.44% to 34,447.14. Freeport-McMoRan Inc. closed $5.40 below its 52-week high ($46.10), which the company achieved on May 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as BHP Group PLC ADR
fell 2.34% to $60.54, BHP Group Ltd. ADR
fell 2.09% to $74.42, and Rio Tinto PLC ADR
fell 1.96% to $86.87.true Trading volume (13.8 M) remained 9.1 million below its 50-day average volume of 22.9 M.