Why Newmont Stock Dropped Over 10% This Week
Source: Motley Fool
2026-03-06 11:40:27 ET
Barely a week after posting record numbers for 2025, shares of Newmont (NYSE: NEM) are getting punished. The gold stock plunged this week, dropping 13% at its lowest point in trading through 11 a.m. ET Friday.
You'd expect the price of gold, a "safe haven" asset, to rise amid the ongoing conflict in the Middle East. Instead, gold has fallen this week, pulling Newmont shares along with it. Here's what you need to know.
Image source: Getty Images.
Newmont Mining Corporation
NASDAQ: NEM
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-4.12% G/L:
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$114.58 Open:
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March 09, 2026 08:20:00 am
If You'd Invested $1,000 In Newmont Stock 1 Year Ago, Here's How Much You'd Have Today
