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Let's take a look at some stocks on the move today. I'm Scarlet Food here with Paul Sweeney and we're joined by our very own Christina Quino and Christine. Let's start with some gold miners.
Yeah, let's talk about Newmont Chalie so Numant ticker n EM. Those shares up just about one percent at the moment, so increasing some of those earlier gains we saw at the open, and that is because we did get news of its latest steps to exit the Canadian market. So the latest is that a Nuance sold a stake of thirteen point three percent in Orla Mining, which is a
Canadian mineral exploration company. Last week we did get the announcement that they're also going to sell its coffee project in the Yukon to fore To Metals Corporation for about one hundred fifty million dollars. So this is all part and parcel of the company's exit from the Canadian markets. They did say that they're going to take their stock off the Canadian stock Exchange by the end of a training day on September twenty fourth, so later this week.
And that's because they just the trading volumes to law, according to Newmont, and they need to reduce costs and that's the best way that they came up with to do that. But they will still trade on the New York Stock Exchange. Compass, that's an M and A deal out there, absolutely, Paul and shareholders not liking it. So Compass uh ticker COOMP shares are down, extending those declines now more than nine percent at the moment.
It's a real estate company.
It is a real estate company. Yeah, there you go. Declines is hit ten percent, and that is because we did get an M and A deal out of that that space, So Compass agreeing to buy Anywhere real estate. So this is a one and a half billion stock deal, and in theory it should summon Compass this status is the largest residential brokerage in the US right because the purchase of Anywhere gives them access to some markets that they're not necessarily dominating in. So the consolidation is helping
with that. The transaction values Anywhere at thirteen oh one per share, which is eighty four percent more than its closing price on September nineteen. This is probably why we're getting shares declining today because I suspect that people are thinking they probably overvalued the share price for anywhere, because anywhere shares are rising at the moment.
All right, Yeah, Plus, we'll keep an eye on that one. And finally, Coinbase, which is really moving in tandem with the other crypto.
Stocks, absolutely scarlats. So we are seeing crypto down more than two percent a bitcoin, which is the lowest in a week and a half, and so ticker coin Base COI and following suit in shares down nearly three percent at the moment. So some good news from its Cardless partner raising six hundred million fresh funds, but that's just not doing enough for the.
Crypto The Stockmovers report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.