Freeport-McMoRan Inc Surges to 119th in Daily Trading Volume with $1.104 Billion Turnover

On April 3, 2025, Freeport-McMoRan Inc. (FCX) saw a significant increase in trading volume, with a turnover of $1.104 billion, marking a 121.11% rise from the previous day. This surge placed FCX at the 119th position in terms of daily trading volume.

Freeport-McMoRan Inc. recently provided an operational update for the first quarter of 2025, detailing its performance and strategic initiatives. The company also declared quarterly cash dividends on its common stock, reflecting its commitment to returning value to shareholders.

Analysts from RBC Capital maintained a Hold rating on Freeport-McMoRan, citing various factors influencing the company's stock performance. The report highlighted the current market conditions and the company's operational outlook, providing insights into the rationale behind the rating.

Institutional investors and hedge funds hold a substantial 80.77% stake in Freeport-McMoRan, indicating strong institutional interest in the company. This significant ownership by large investors can influence market sentiment and stock price movements.