Stocks in Play: Iamgold Corporation

Monday, December 2, 20249:56 AM EST – Iamgold Corporation : Announced that effective November 30, it has exercised the right to repurchase the 9.7% interest of the Côté Gold Mine that was transferred to Sumitomo Metal Mining Co., Ltd. through the amended Côté Gold Joint Venture Agreement announced on December 19. This transaction returns IAMGOLD to its full 70% interest in Côté Gold. Iamgold Corporation (T.IMG) shares were down $0.06 at 7.66.Stocks in Play: Iamgold Corporation , Mon, 02 Dec 2024 09:57:06 EST

Avoid These Stocks, Including PDD

In August, China’s e-commerce giant PDD Holdings (PDD) warned that growth would slow. Bargain hunters took advantage of the stock’s fall, sending shares from below $90 to over $140. The rally did not last, as PDD stock closed at $96.35 on November 29, 2024.Selling worsened after PDD posted Q3 results on November 21. Despite revenue growing by 44% to $14.16 billion, stock markets expected more. Revenue growth will continue to decline in the quarters ahead. PDD faces severe trade restrictions, tariffs, and rising competition from domestic Chinese firms.Advance Auto Parts (AAP) traded around $…