Freeport-McMoRan (FCX)

NYSE · Materials

Latest Move · 2026-02-02

-7.09%
Falls as copper's record rally reverses sharply

FCX Stock Movement Summary Freeport-McMoRan (FCX) experienced mixed trading activity driven by several factors: Positive drivers: - Fourth-quarter 2025 earnings exceeded expectations with adjusted EPS of $0.47 versus analyst predictions of $0.28-$0.29 - Revenue reached $5.63 billion, surpassing expectations - Copper prices reached all-time highs above $14,000 per tonne, with three-month futures surging over 6% - Shares gapped up pre-market to $69.39 Negative factors: - A fatal accident at the Grasberg mine led to reduced copper production outlook - Weaker than expected long-term business outlook was announced - Stock later settled around $63.72 despite strong earnings - Insider selling occurred while institutional investors maintained significant ownership The headline indicates copper's record rally reversed sharply, contributing to the stock's decline despite beating earnings expectations.

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Why did Freeport-McMoRan stock move today?

FCX Stock Movement Summary Freeport-McMoRan (FCX) experienced mixed trading activity driven by several factors: Positive drivers: - Fourth-quarter 2025 earnings exceeded expectations with adjusted EPS of $0.47 versus analyst predictions of $0.28-$0.29 - Revenue reached $5.63 billion, surpassing expectations - Copper prices reached all-time highs above $14,000 per tonne, with three-month futures surging over 6% - Shares gapped up pre-market to $69.39 Negative factors: - A fatal accident at the Grasberg mine led to reduced copper production outlook - Weaker than expected long-term business outlook was announced - Stock later settled around $63.72 despite strong earnings - Insider selling occurred while institutional investors maintained significant ownership The headline indicates copper's record rally reversed sharply, contributing to the stock's decline despite beating earnings expectations.

What does Freeport-McMoRan do?

Freeport-McMoRan (FCX) is a publicly traded company in the Materials sector.

Materials Stocks

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