Rio Tinto PLC Stock – Freeport-McMoRan Inc. stock underperforms Tuesday when compared to competitors
Shares of Freeport-McMoRan Inc.
slipped 2.14% to $40.68 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.21% to 4,188.13 and Dow Jones Industrial Average
falling 0.24% to 34,312.46. Freeport-McMoRan Inc. closed $5.42 short of its 52-week high ($46.10), which the company reached on May 10th.
The stock underperformed when compared to some of its competitors Tuesday, as BHP Group PLC ADR
fell 2.04% to $58.62, BHP Group Ltd. ADR
fell 1.56% to $71.91, and Rio Tinto PLC ADR
fell 1.88% to $84.08. Trading volume (18.1 M) remained 6.3 million below its 50-day average volume of 24.4 M.