'Barrick is back' says new CEO on merged company's first day of trading

Mark Bristow, president and CEO of Barrick Gold, discusses his strategic vision for the mega-miner now that its acquisition of Randgold is complete and the merged company begins day one of trading.
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[@mylesgray3470]

The stock has been going down since the symbol changed from ABX to GOLD even tough gold is moving up in value 1% a day 2 days now. It caused me a bit of confusion in my own portfolio this week and some buyers may be confused. Some may have also bought the rumor and sold the fact of the merger. The dividend has increased from 1% to 3% so I’m very pleased to hold. This stock has a bright future for 2019. 💰📈

[@nobody.123]

I believe that's most likely due to those who bought into RG/Barrick to make money off the merger who are selling off their positions, in addition to the high profile Goldcorp merger as well. I recently bought exposure to gold and Barrick, and I'm pleased to hold as well. I think the stock will likely be a bit volatile in the short term, but with a global slow down fast approaching/arriving, and European government-propped banks on the brink of becoming the next Lehman, I think we're sitting pretty with Barrick.