FCX stock pops after-hours as copper breaks $14,000 — what traders watch next
Freeport-McMoRan shares rose 2.3% to $65.13 in after-hours trading Thursday after copper hit a record $14,527.50 a ton on the London Metal Exchange before closing up 4%. Trading volume for Freeport reached 48.2 million shares. Analysts raised 2026 copper price forecasts, citing mine disruptions and speculative buying. China’s extended Lunar New Year holiday is expected to affect copper demand and market signals.