Freeport-McMoRan Sheds 30% Of Its Value In 45 Days; Can It Outperform Post Coronavirus?
- Tuesday, March 17, 2020, 7:11
- Market
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Freeport-McMoRan’s (NYSE: FCX) stock is very likely to outperform the broader S&P 500 index post coronavirus and oil price war crisis, going by the trends seen during the 2008 slowdown, where it fell 72% from the approximate pre-crisis peak in 2008, and recovered by a whopping 164% by early 2010…