NYSE:FCXMetals and Mining
Freeport-McMoRan (NYSE:FCX) Q1 Earnings Dip and Completes Share Buyback of US$1,974 Million
Freeport-McMoRan (NYSE:FCX) recently reported a 5.61% increase in its share price over the past week, a period marked by its first-quarter earnings release showing declines in sales and net income. The company also updated its ongoing share buyback program, having repurchased over 51 million shares. Despite the slight dips in financial performance, buoyant market conditions, with the Dow Jones and other indices surging, likely reinforced investor sentiment. The overall market rose by 2.3%,...