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Peabody Energy (BTU -4.8%) gives back most of yesterday's 7.7% gain from better-than-expected Q1...

Apr. 19, 2013 12:17 PM ETPeabody Energy Corporation (BTU) StockWLT, BTU, CNX, ARCH, CLF, CLDPQ, ANRBy: Carl Surran, SA News Editor4 Comments
Peabody Energy (BTU -4.8%) gives back most of yesterday's 7.7% gain from better-than-expected Q1 results. Coal shares rallied broadly on the news as the modestly positive data was a relief for investors fearing the worst, but today the realization is that challenges remain for the coal markets. WLT -6.4%, ANR -3.9%, CLD -3.6%, CNX -2.8%, ACI -2.6%, CLF -1.9%.

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