Freeport-McMoRan Inc. said late Thursday it “welcomes constructive input” from shareholders, in response to news earlier Thursday that activist investor Carl Icahn had taken a stake in the mining company. Freeport-McMoRan shares jumped another 19% to $12.16 after hours as Icahn disclosed he’d taken a stake in the company and felt shares were undervalued. Earlier in the day, Freeport-McMoran said it was cutting its capital spending plans, sending shares up nearly 29% to close at $10.19.
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