Rio Tinto PLC Stock – Freeport-McMoRan Inc. stock outperforms competitors despite losses on the day
Shares of Freeport-McMoRan Inc.
slipped 1.13% to $41.26 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.08% to 4,226.52 and Dow Jones Industrial Average
falling 0.36% to 34,630.24. This was the stock’s fourth consecutive day of losses. Freeport-McMoRan Inc. closed $4.84 short of its 52-week high ($46.10), which the company achieved on May 10th.
Despite its losses, the stock outperformed some of its competitors Monday, as BHP Group PLC ADR
fell 2.01% to $60.93, BHP Group Ltd. ADR
fell 1.69% to $74.83, and Rio Tinto PLC ADR
fell 1.82% to $88.12.true Trading volume (16.7 M) remained 6.0 million below its 50-day average volume of 22.7 M.