Stocks

Freeport-McMoRan Slips 2.38% Friday Despite Strong Weekly Gain

FCX shares pulled back on Friday but remained well above their 30-day lows after a solid week of trading.

By Love Wallet · September 24, 2026

Freeport-McMoRan Slips 2.38% Friday Despite Strong Weekly Gain
Price
$72.59
24h
-2.38%
1 week
+4.83%
1 month
-6.72%
Market cap
$106.77B

Freeport-McMoRan Inc. (FCX) closed at $72.59 on September 24, 2026, declining 2.38% over the prior 24 hours. The daily retreat trimmed gains for shareholders who had seen the copper and gold mining giant climb 4.83% over the past seven days.

Despite Friday's pullback, the stock's weekly performance remained a relative bright spot. The 30-day picture, however, tells a more cautious story, with FCX down 6.72% over that longer window, reflecting persistent headwinds that have weighed on the shares over the past month.

Freeport-McMoRan carried a market capitalization of $106.77 billion as of the close, keeping it among the largest mining companies by market value. The gap between the seven-day gain and the 30-day loss suggests a partial recovery may be underway, though the monthly trend still reflects net selling pressure.

Trading in FCX continues to draw attention given the company's significant exposure to copper markets, which are closely watched as an economic indicator. Friday's session added a modest note of caution to what had otherwise been a constructive week for the stock.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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