Tiger Brokers

Newmont Corp. Stock Rises 7.2%, Outperforms Market

Dow Jones
Aug 08

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Newmont Corp. rallied 7.2% to $112.98 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.64 and the Dow Jones Industrial Average rising 0.3% to 54,036.93.

This was the stock's fifth consecutive day of gains.

Newmont Corp. closed 16.2% short of its 52-week high of $134.88, which the company achieved on January 29th.

The stock outperformed some of its peers, as Royal Gold Inc. rose 5.4% to $229.92.

Trading volume totaled 10.6 million, compared to the 50-day average of 8.3 million.

Data source: Dow Jones Market Data, FactSet

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