New York, June 1st (TradersHuddle.com) - Shares of Peabody Energy Corp (NYSE:BTU) booked a new 52 week low by trading below $22.75. Traders are definitely monitoring Peabody's price action to see if this move attracts further selling, or if this last push down sets a tradable bottom in the stock.
Peabody Energy Corp. (NYSE:BTU) principal activities are mining, preparation and sale of steam coal, sold primarily to electric utilities and metallurgical coal, sold to steel and coke producers. The company
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