The Traderszone Network

Published in TZ Latest News 9 May, 2016 by The TZ Newswire Staff

Why Freeport-McMoRan Inc.’s Shares Plunged 12% Today

Image source: Freeport-McMoRan.

What: Shares of miner Freeport-McMoRan Inc (NYSE: FCX) plunged as much as 12% today after the company agreed to sell a stake in a copper mine. Near the end of trading shares had declined 10.5% for the day.

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