Gold At Record High: Why Isn't FCX Stock Following Suite?

Richard Adkerson, CEO of Freeport McMoRan, looks on during Summit Address and Invitation to APEC ... [+] Peru 2024 at the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023. The APEC Summit takes place through November 17. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)AFP via Getty ImagesFreeport-McMoRan (NYSE: FCX), one of the largest producers of copper, has seen its stock underperform over the las ...