Is Freeport-McMoRan Stock Outperforming the Dow?
Freeport-McMoRan Inc. (FCX) is a global mining business that explores, develops, and produces copper, gold, and molybdenum from extensive, long-term operations across different regions. Its portfolio includes significant mining sites in the Americas and Indonesia. The company’s main corporate headquarters is located in Phoenix, Arizona. It has a market capitalization of $97.84 billion, making it a “large-cap” stock. FCX’s stock reached an all-time high of $69.75 on Feb. 25, but is down 2.4% from that lev ...