IAMGOLD (IAG) Stock Plummeting Today as Gold Prices Slip

NEW YORK (TheStreet) -- Shares of IAMGOLD are plummeting, down 7.09% to $2.62 in morning trading Monday, on declining gold prices as traders cashed in gains following the precious metal's five-month high last week, according to CNBC. Gold prices are falling this morning as equities recover following the victory by an anti-austerity party in the Greek elections, CNBC added. Spot gold is down 1.15% to $1,279.30 an ounce as of 10:11 a.m. ET today. Exclusive Report: Jim Cramer's Best Stocks for 2015...