Freeport-McMoran Jumps 5.66% on Indonesian Arm Divestment to Govt ‘At No Cost’

We recently published 11 Stocks Crushing Wall Street With Whopping Gains. Freeport-McMoran Inc. (NYSE:FCX) is one of the top performers on Tuesday. Freeport-McMoran grew for a third straight session on Tuesday, adding 5.66 percent to finish at $39.22 apiece as investors cheered its divestment of a significant stake in an Indonesian subsidiary, as part of its strategy to extend mining operations at one of the largest copper mines in the world. According to the company, it gave up a 12-percent stake in PT ...