Freeport-McMoRan fell more than 12% after earnings, with the key issue centered on uncertainty around its Grasberg mine in Indonesia. The move suggests investors are reacting to mine-specific operational risk and its impact on the company’s fundamental outlook rather than broader market conditions.
Freeport-McMoRan fell more than 12% after earnings, with the key issue centered on uncertainty around its Grasberg mine in Indonesia. The move suggests investors are reacting to mine-specific operational risk and its impact on the company’s fundamental outlook rather than broader market conditions.
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strongly negative
Sentiment Score
-0.62
Ticker Sentiment
