Newmont Rises, Molina Healthcare Up, Shake Shack Down
Description
On this episode of Stock Movers:
- Newmont (NEM)rose 0.8%. The world's largest gold miner was gaining in connection with a rise in prices for the precious metal, following a selloff the previous day. That wasn't helping fellow miner Freeport-McMoRan, which was down 0.7%.
- Molina Healthcare Inc. (MOH) shares rise 2.7% in premarket trading on Tuesday after money manager Michael Burry highlighted the health insurer’s record of strong expense ratios and underwriting results, while praising its acquisition strategy.
- Shake Shack (SHAK) shares were removed from Raymond James’ Analyst Current Favorites list due to “softer industry trends through 4Q.” The stock is down 43% from July highs.
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