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Stock impact report

Why Newmont Corporation Stock Just Dropped [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Newmont Corporation (NYSE: NEM) stock tumbled 7.3% through noon ET Tuesday on a confluence of confusing factors. As you've probably heard, there's war in the Mideast. Ordinarily, investors flee to gold and silver as safe havens in troubled times, and at first, that's what seemed to be happening this time, too. Problem is, gold and silver prices decided to tank today, and they're taking the stock price of this gold miner down with them. (Newmont also mines silver.) Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Gold and silver prices fall Gold prices closed February around $5,278 per ounce, according to data from TradingEconomics.com. Prices spiked after U.S. and Israeli forces began striking Iran over the weekend, rising as high as $5,416 early Monday before starting to fade. Show less Read more
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