Newmont Corp's stock soared 6.62% during intraday trading on Tuesday, reflecting a significant upward movement in its share price.
The surge in Newmont's stock is attributed to a rebound in gold prices, as spot gold rose 3.5% following a record-breaking sell-off last week. Gold miners' shares, including Newmont, gained as the metal recovered from its steepest plunge in over a decade.
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