New Gold (NGD) Suffers a Larger Drop Than the General Market: Key Insights

The most recent trading session ended with New Gold (NGD) standing at $2.76, reflecting a -1.43% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.96%. Meanwhile, the Dow lost 0.94%, and the Nasdaq, a tech-heavy index, lost 1.18%. Coming into today, shares of the gold mining company had gained 20.17% in the past month. In that same time, the Basic Materials sector gained 8.15%, while the S&P 500 gained 4.3%. The investment community will be clo ...