Freeport-McMoRan (FCX) Exceeds Market Returns: Some Facts to Consider

Freeport-McMoRan (FCX) closed at $39.67 in the latest trading session, marking a +2.06% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.01%. At the same time, the Dow added 0.51%, and the tech-heavy Nasdaq lost 0.28%. Heading into today, shares of the mining company had lost 15.63% over the past month, lagging the Basic Materials sector's gain of 5.58% and the S&P 500's gain of 4.83%.The investment community will be paying close attention to the earnings perfo ...