CDE Shares Drop 11% Even After Index Addition
Coeur Mining will join the S&P MidCap 400 before trading June 22, but CDE plunged 11.4% Friday and 15% for the week as gold and silver prices tumbled; investors now await the June 10 dividend, U.S. inflation data, and a Fed meeting, with index inclusion set against ongoing pressure from falling precious metals and rising yields.