Newmont Corp. Stock Rises Thursday, Outperforms Market
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Shares of Newmont Corp. (NEM) rose 2.26% to $68.79 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.84% to 4,176.82 and the Dow Jones Industrial Average rising 1.33% to 33,248.28. The stock's rise snapped a two-day losing streak. Newmont Corp. closed $17.58 below its 52-week high ($86.37), which the company reached on April 18th.
The stock underperformed when compared to some of its competitors Thursday, as Barrick Gold Corp. (ABX.T) rose 3.05% to $20.97, Freeport-McMoRan Inc. (FCX) rose 5.25% to $41.72, and Agnico Eagle Mines Ltd. (AEM.T) rose 4.27% to $55.44. Trading volume (4.4 M) remained 2.1 million below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2022.
(END) Dow Jones Newswires
June 02, 2022 17:09 ET (21:09 GMT)
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