1 Materials Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
Newmont's stock dropped 13.7% to $49.82 following the release of its Q3 earnings, impacting its market cap, which is now $57.1 billion.
October 24, 2024 | 4:40 pm
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Newmont's stock fell 13.7% to $49.82 after the release of its Q3 earnings, significantly impacting its market cap.
The significant drop in Newmont's stock price is directly linked to the release of its Q3 earnings, suggesting that the earnings report was not well-received by investors. This has a direct negative impact on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100