Newmont Corporation (NEM) Stock Slides as Market Rises: Facts to Know Before You Trade

Newmont Corporation (NEM) closed at $40.23 in the latest trading session, marking a -0.27% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.41%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 2.2%.The gold and copper miner's shares have seen an increase of 3.22% over the last month, not keeping up with the Basic Materials sector's gain of 5.33% and outstripping the S&P 500's gain of 2.9%.Analysts and investors al ...