Newmont Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Newmont Corp. (NEM) shed 2.41% to $63.09 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.38% to 3,735.48 and Dow Jones Industrial Average falling 0.50% to 30,364.83. This was the stock's second consecutive day of losses. Newmont Corp. closed $23.28 short of its 52-week high ($86.37), which the company achieved on April 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Barrick Gold Corp. (ABX.T) fell 3.23% to $19.47, Freeport-McMoRan Inc. (FCX) fell 0.94% to $36.82, and Agnico Eagle Mines Ltd. (AEM.T) fell 3.92% to $48.56. Trading volume (4.8 M) remained 1.6 million below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 14, 2022.
(END) Dow Jones Newswires
June 14, 2022 17:09 ET (21:09 GMT)
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