Why Newmont Stock Bumped Higher Today
In contrast to the broader market, Newmont (NYSE: NEM) stock was a gainer on Tuesday. The precious metals miner booked a gain of nearly 3% on the day, in contrast to the S&P 500 index's 0.6% slide, on the back of a comprehensive yet seemingly smooth set of transitions in the C-Suite.
Just after market close on Monday, Newmont announced the appointment of a new CFO, COO, and CTO. All appointments are effective on Wednesday, July 1.
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Source Fool.com
