Newmont Corporation (NEM) Stock Sinks As Market Gains: Here's Why

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 be keeping a clo ...