Freeport (FCX) Skyrockets As Icahn Snaps Up An 8.5% Stake
August 28, 2015 at 15:01 PM EDT
Shares of Freeport-McMoRan flew higher after Carl Icahn took a major stake in the mining company reeling under the effects of commodity rout. The famed activist investor disclosed an 8.5% stake in the company after the closing bell yesterday.