Freeport-McMoRan Inc. Stock Rallies 7.6%, Outperforms Market

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Freeport-McMoRan Inc. advanced 7.6% to $76.66 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.4% to 7,674.37 and the Dow Jones Industrial Average rising 1.0% to 53,277.01.

This was the stock's third consecutive day of gains.

Freeport-McMoRan Inc. hit a new 52-week high, surpassing its previous peak of $72.28, which the company reached on June 17th.

The stock outperformed some of its peers, as Newmont Corp. rose 3.1% to $131.58.

Trading volume totaled 28.3 million, compared to the 50-day average of 14.4 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 21, 2026 16:33 ET (20:33 GMT)