Why Freeport-McMoRan Stock Rocketed 10% Higher at Today's Open [The Motley Fool]
Freeport-McMoRan, Inc. (FCX)
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am
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Source: The Motley Fool
What happenedShares of copper minerFreeport-McMoRan(NYSE:FCXBy 0:0 a.m. it was higher again, up about 8%. The initial bounce higher was likely related, to some degree, to copper prices, which were higher when the U.S. market opened for the day. By 0:0 a.m. or so, however, that gain was washed away while investors were still positive on Freeport.As is so often the case of late, the more upbeat view on this stock was tied to an update on COVID-9.Image source: Getty Images.So whatFreeport-McMoRan reported first-quarter 00 financial results in the morning, which weren't exactly great reading. The company lost $0. per share, compared to a profit of $0.0 per share in the year-ago quarter. The big culprit was a decline in copper prices, which isn't shocking given that the price of this industrial metal tends to track along with economic activity. At this point, the social distancing efforts used to slow the spread ofa global recessionThe earnings update, however, didn't focus on earnings so
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News
- Freeport-McMoRan Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – FCXGlobeNewswire
- FCX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action LawsuitGlobeNewswire
- INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Freeport-McMoranPR Newswire
- Portnoy Law Firm Announces Class Action on Behalf of Freeport-McMoran, Inc. InvestorsGlobeNewswire
- What's Next With Freeport Stock? [Forbes]Forbes
FCX
Earnings
- 10/24/25 - Beat
FCX
Sec Filings
- 12/2/25 - Form 4
- 11/18/25 - Form 8-K
- 11/6/25 - Form 10-Q
- FCX's page on the SEC website