FCX Stock Hits New High as Copper Rally Fuels Freeport-McMoRan's Surge

Freeport-McMoRan Inc., ticker FCX on the NYSE, hit a new 52-week high of $75.62 per share on August 21, 2026.

The company's stock rose by $4.40, with 16,144,641 shares changing hands in the same session.

This surge comes after the release of Freeport-McMoRan's July 23, 2026 quarterly results, which showed adjusted earnings per share (EPS) of $0.74 and revenue of $7.03 billion.

The copper market is being cited as a key driver behind the stock's increase, with the company's reliance on refined copper output making it particularly sensitive to changes in metal prices.