Newmont Corporation Investors: Please contact the Portnoy Law Firm to recover your losses; April 1, 2025 Deadline to file Lead Plaintiff Motion
Portfolio Pulse from
The Portnoy Law Firm is preparing a class action lawsuit against Newmont Corporation for investors who purchased securities between February 22, 2024, and October 23, 2024. The lawsuit stems from Newmont's October 23, 2024 press release revealing disappointing third-quarter EBITDA results, production declines, and rising operating costs, which caused the stock price to drop from $57.74 to $49.25 per share.
March 25, 2025 | 10:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Potential class action lawsuit targets Newmont's financial reporting and stock performance during Q3 2024, alleging misleading information about production and operating costs.
The lawsuit and potential legal proceedings could negatively impact investor sentiment, potentially leading to continued stock price pressure and increased legal expenses.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100