Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off
Newmont Corp. shares fell nearly 8% on Friday, closing at $99.71, as a sharp drop in gold prices and a broad Wall Street selloff hit the world’s largest gold miner. Trading volume rose to about 9.4 million shares, above its 50-day average, and the stock ended roughly 26% below its late-January 52-week high.