Freeport-McMoRan (FCX) Stock Drops Despite Market Gains: Important Facts to Note

Freeport-McMoRan (FCX) closed the latest trading day at $41.30, indicating a -0.96% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.57%. Meanwhile, the Dow gained 0.46%, and the Nasdaq, a tech-heavy index, added 0.75%.Prior to today's trading, shares of the mining company had gained 11.44% over the past month. This has outpaced the Basic Materials sector's gain of 2.16% and the S&P 500's gain of 3.4% in that time.The investment community will be payin ...