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Could Markets Have Pre-Empted Freeport’s Massive Slide?

Could Markets Have Pre-Empted Freeport’s Massive Slide?

In the previous article, we looked at various factors that may have triggered the massive sell-off in Freeport-McMoRan (FCX) stock yesterday. Southern Copper (SCCO), another pure-play copper miner, also fell on April 24. Along with the abovementioned factors, issues in Indonesia may have made investors wary of Freeport.