Newmont (NEM) stock drops nearly 4% as gold whipsaws from record highs — what to watch next
Newmont fell 3.8% to $126.93 Thursday, ending a five-day rally as gold plunged over 5% from a record high before settling 1.3% lower at $5,330.20. Trading volume for Newmont reached 15.1 million shares. Royal Gold dropped 3.1%. Newmont reports earnings after the close on Feb. 19.