Freeport-McMoRan Stock Hits All-Time High: What's Happening?
Freeport-McMoRan Inc (NYSE:FCX) shares are trading higher and touching a new all-time high Friday, extending a strong run as copper-related stocks broadly rally. Here's what you should know.
Freeport-McMoRan, a big copper mining company, just hit its highest stock price ever because people want more copper right now. When a company hits a new high, it can mean investors feel good about its future, but remember that prices go up and down.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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