Freeport-McMoRan Inc. Trading Volume Drops 34.67% to 272nd Rank Despite Stock Price Rise

Generated by AI AgentAinvest Market Brief
Tuesday, May 13, 2025 7:59 pm ET1min read
FCX--

On May 13, 2025, Freeport-McMoRan Inc.FCX-- (FCX) saw a significant drop in trading volume, with a total of 4.02 billion shares traded, marking a 34.67% decrease from the previous day. This decline placed FCXFCX-- at the 272nd position in terms of trading volume for the day. Despite the drop in volume, the stock price of FCX rose by 0.92%, marking its fourth consecutive day of gains and a total increase of 6.62% over the past four days.

Freeport-McMoRan recently reported its first-quarter 2025 earnings, revealing that the company's revenues exceeded analysts' expectations. However, the earnings per share (EPS) fell short of projections. The company's net margin stood at 7.42%, with a return on equity of 7.50%. During the quarter, Freeport-McMoRanFCX-- generated revenue of $5.73 billion, which was in line with analysts' estimates.

In addition to its financial performance, Freeport-McMoRan declared quarterly cash dividends on its common stock. The company's strong operational results during the quarter contributed to a rally in its share price. Freeport-McMoRan's first-quarter 2025 financial and operating results were made available on its website, providing investors with detailed insights into the company's performance.

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