🟢 Gold Fields is trading 4.7% up in pre-market after prior-session selloff

Gold Fields is trading 4.7% up at $36.83 in pre-market on September 29, following a sharp prior-session decline; no distinct catalyst for the rebound was identified.

• Shares closed September 28 at $35.18, down 12.88%.
• The selloff followed Northern Star’s rejection of Gold Fields’ unsolicited A$38.7 billion takeover proposal, which Northern Star said materially undervalued it. Reuters linked Gold Fields’ steep decline to the news.