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btu 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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o Dow Jones 17,757.91 ▲138.40 (0.79%)
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INDEXDJX:.DJI

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Company ID [INDEXDJX:.DJI] Last trade:17,757.91 Trade time:4:12PM EDT Value change:▲138.40 (0.79%)
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Company ID [INDEXSP:.INX] Last trade:2,077.42 Trade time:4:12PM EDT Value change:▲14.31 (0.69%)
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Company ID [INDEXNASDAQ:.IXIC] Last trade:5,013.12 Trade time:4:12PM EDT Value change:▲26.26 (0.53%)

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