NEM News: Newmont Corporation (NEM) Stock Sinks As Market Gains: Here's Why - 12th Jun 2024, 7:50am

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The latest trading session saw Newmont Corporation (NEM) ending at $40.65, denoting a -1.57% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.88%.

The gold and copper miner's shares have seen a decrease of 2.73% over the last month, not keeping up with the Basic Materials sector's loss of 2.41% and the S&P 500's gain of 2.85%.

Analysts and investors alike will ...

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