Newmont Corp. Stock Outperforms Market Despite Losses On The Day
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Shares of Newmont Corp. NEM slid 1.36% to $62.96 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 2.01% to 3,821.55 and Dow Jones Industrial Average DJIA falling 1.56% to 30,946.99. This was the stock's second consecutive day of losses. Newmont Corp. closed $23.41 below its 52-week high ($86.37), which the company reached on April 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Barrick Gold Corp. GOLD fell 2.57% to $18.55, Freeport-McMoRan Inc. FCX fell 0.77% to $30.78, and Agnico Eagle Mines Ltd. AEM fell 3.02% to $48.56. Trading volume (5.6 M) remained 963,666 below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2022.
(END) Dow Jones Newswires
June 28, 2022 17:10 ET (21:10 GMT)
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