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Freeport-Mcmoran FCX - News Analyzed: 9,474 - Last Week: 100 - Last Month: 378

⇗ Freeport-Mcmoran FCX in Focus: Investor Lawsuits Pile Up Amid Stock Surge and Grasberg Safety Incident

Freeport-Mcmoran FCX in Focus: Investor Lawsuits Pile Up Amid Stock Surge and Grasberg Safety Incident
Freeport-McMoRan Inc. (FCX) is at the center of many investor losses, and there are various opportunities for affected shareholders to lead securities fraud lawsuits, many of which are spearheaded by renowned law firms like Rosen and Gross Law Firm. This comes as the company declared a quarterly dividend of $0.08 with its stock reaching 52-week high of $49.13, with significant changes in holdings by multiple firms like Perpetual Ltd, Thrivent Financial for Lutherans, Voya Investment Management LLC to name a few. Despite suffering from the Grasberg safety tragedy that led to production halt, the company still outperformed the stock market. However, its market performance is overshadowed by the rising investor lawsuits, amidst the company increases its quarterly dividend of $0.15/Sha. Several firms are buying shares from FCX - notable names include Cim Investment Management Inc. and Bank of Nova Scotia. The positive trajectory of copper has contributed to FCX's stock surge but continuous lawsuits mount. The company, however, isn't focusing on M&A for growth, implying they are concentrating more on their core operations.

Freeport-Mcmoran FCX News Analytics from Tue, 18 Nov 2025 08:00:00 GMT to Sat, 20 Dec 2025 16:10:00 GMT - Rating 4 - Innovation 2 - Information 7 - Rumor 2

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