Freeport-McMoRan Breaks Support On Increased Volume

Thu. July 24, 2008; Posted: 11:13 AM

(RTTNews) - Freeport-McMoRan Copper & Gold Inc. (FCX | Quote | Chart | News | PowerRating) traded flat for the first 75 minutes of Thursday's session before picking up volume and beginning to fall.

Currently, the stock is trading at $95.46 down $3.28 from Wednesday's close.

The decline has taken the stock below recent support and to its lowest level in nearly four months.

For full details on Freeport Mcmoran C&G B (FCX) click here. Freeport Mcmoran C&G B (FCX) has Short Term PowerRatings of 6. Details on Freeport Mcmoran C&G B (FCX) Short Term PowerRatings is available at This Link.

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