Walter Energy (WLT +6.5%) shares jump after shareholder Audley Capital urges the coal miner to...

|About: Walter Energy, Inc. (WLT)|By:, SA News Editor

Walter Energy (WLT +6.5%) shares jump after shareholder Audley Capital urges the coal miner to explore a sale, since a "lack of strong leadership" had driven the company's valuation lower compared with its peers. The recent departure of the CEO and lack of a permanent CFO "has shaken investor confidence," Audley says in a letter to Walter's board.