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Newmont's Trading Volume Surges 182.98% to $1.637 Billion, Stock Price Drops 5.71% Amid CFO Resignation
Generated by AI AgentAinvest Volume Radar
Tuesday, Jul 15, 2025 7:21 pm ET1min read
On July 15, 2025, Newmont's trading volume reached $1.637 billion, marking an 182.98% increase from the previous day, placing it 42nd in the day's stock market rankings. Newmont's stock price fell by 5.71%.
Newmont Corporation announced the resignation of its Executive Vice President and Chief Financial Officer, Karyn F. Ovelmen, effective July 11, 2025. The company did not disclose the reason for her departure. Peter Wexler, who joined
in March 2024 as Executive Vice President and Chief Legal Officer, has been appointed as the interim CFO. Wexler will maintain his legal responsibilities while serving in this interim role until a permanent successor is hired.This leadership change has raised concerns among investors, as Ovelmen's resignation comes as a surprise given her relatively recent appointment. The company's stock price has been volatile following the announcement, reflecting investor uncertainty about the future direction of the company under new financial leadership.
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