Here's Why Freeport-McMoRan (FCX) Gained But Lagged the Market Today

Freeport-McMoRan (FCX) closed the latest trading day at $49.47, indicating a +0.59% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. On the other hand, the Dow registered a gain of 0.8%, and the technology-centric Nasdaq increased by 1.24%.Coming into today, shares of the mining company had gained 23.54% in the past month. In that same time, the Basic Materials sector gained 5.96%, while the S&P 500 gained 0.48%.The upcoming earnings ...