Here's Why New Gold (NGD) Fell More Than Broader Market
New Gold (NGD) ended the recent trading session at $6.43, demonstrating a -4.6% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.13%. On the other hand, the Dow registered a loss of 0.27%, and the technology-centric Nasdaq decreased by 0.07%. Shares of the gold mining company witnessed a gain of 29.61% over the previous month, beating the performance of the Basic Materials sector with its gain of 6.19%, and the S&P 500's gain of 2.71%.The investme ...