Freeport-McMoRan Inc. (NYSE:FCX) has experienced a spectrum of market activities as is reflected in recently reported events. There most notable are various investment firms adjusting their stance on FCX with several increasing their stakes in it while others have reduced their shareholdings. Among the firms that have upped their positions in FCX are Morningstar Investment Services, Pinebridge Investments L.P., Public Employees Retirement Association of Colorado, Rafferty Asset Management LLC, and Capital International Sarl. On the other hand, firms like Scout Investments, Platinum Investment Management and Cibc World Markets Corp have sold their shares in FCX. Further, FCX has recorded significant stock market gains which have attracted amplified investor attention. The company has been like a trending stock as its Q1 2024 earnings surpassed analysts' expectations and its stock position improved driven by boosted copper production that surpassed Wall Street expectations, in spite of global challenges. There are, however, instances where FCX has seen its shares dip and underperform the market, and it's worth noting that there has been unusually high options trading for FCX.
Freeport-Mcmoran FCX News Analytics from Mon, 27 Nov 2023 08:00:00 GMT to Sun, 09 Jun 2024 15:53:44 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -3
