Institutional owners may consider drastic measures as Freeport-McMoRan Inc.'s (NYSE:FCX) recent US$5.0b drop adds to long-term losses

By Yahoo! Finance | Aug 6, 2024 at 07:23 AM EST

Analyzing ownership and analyst forecasts data of a stock like Freeport-McMoRan Inc. (NYSE:FCX) reveals insights into investment opportunities. Institutional investors, holding around 83% of shares, can significantly impact stock performance, especially after recent market fluctuations.

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