5-Day Sell-Off Sends Newmont Stock Down -13%
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Newmont stock has declined 13% over a 5-day period. The sell-off appears to be part of a broader market downturn, with the Dow, S&P 500, and Nasdaq also sliding. The decline in Newmont's stock may be related to a sharp drop in the price of gold, which has fallen from a record high with its biggest one-day decline in 12 years.