Thursday, March 11, 2010

Freeport-McMoRan (NYSE: FCX) Up 20 Percent Since Early February

Freeport-McMoRan Stock Price Going Up

Freeport-McMoRan Copper & Gold (NYSE: FCX) shares have enjoyed a nice upward move since the early part of February, and they've increased by over 20 percent during that short time.

Copper has probably been the main driver of the share price over the last month, as it continues to perform strongly, obviously benefiting the share price of Freeport-McMoRan.

This has also brought out some investors who believer there is more upside to the stock, and have been buying some bull call spreads as a result, as recent activity reveals.

Freeport-McMoRan Stock Price Going Up

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