-12.3 C
New York
Monday, February 9, 2026

Freeport McMoran Is Collapsing (Despite Copper Surge)

Courtesy of ZeroHedge. View original post here.

Just around half an hour ago, we pointed out that while the rest of the market was surging, one stock – a core commodity bellwether – was not buying it:

Fast forward when things have gone from bad to worse for the copper giant: either biggest holder Icahn is dumping his stake or the "real" economy is not buying this short squeeze in commodities, or China was just "unfixed" yet again…

FCX is down 9% as everything else soars.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

149,544FansLike
396,312FollowersFollow
2,640SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x