Stock price of Phoenix-based Freeport McMoRan, the world's biggest copper prod
ucer, has fallen by nearly a third. The story offered no easy explanations for the huge disparity between the falls in metal and producer prices.Hit even harder is Arizona-based Southern Copper with a nearly 47% drop. While
the article didn't mention it, this is the kind of situation that attracts takeover attention.| Stock | From | From | Value | |
|
| price | high* | low* | USD bn |
| Freeport-McMoRan | USD 87.37 | -31.3% | 30.3% | 33.48 |
| Southern Copper | USD 24.90 | -47.9% | 6.6% | 22.00 |