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Freeport-McMoRan Inc. Sees Increase in Institutional Ownership

December 28, 2024
With 85% ownership of the shares, Freeport-McMoRan Inc. (NYSE:FCX) is heavily dominated by institutional owners, according to Yahoo Finance. This indicates a strong level of confidence in the company's future prospects and performance. Institutions often conduct thorough research before investing in a stock, making their ownership a positive sign for Freeport-McMoRan. Investors who are considering buying FCX shares may take this into account as a potential indicator of long-term growth.
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