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Why the Fortescue (ASX:FMG) share price has underperformed the ASX 200 in the last year

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It wasn’t too long ago that the Fortescue Metals Group Limited (ASX: FMG) share price was handily outperforming the broader S&P/ASX 200 Index (ASX: XJO). But alas, times have changed.

Fortescue shares are currently going for $20.93 apiece….



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