Dow up 60 and all coal stocks crashing. NRP has is falling like a rock on twice the average volume.
ANR reported first quarter results. Slightly better than the street expected but the stock is down 6%.
No bottom in sight for coal shares.
Forgive me if I'm wrong but I believe it adjusted down .55 because it went ex dividend today. So right now it's really only down 2 cents.
Closed yesterday at $23.65. Trading now at $22.45. Down $1.20. Subtracting the distribution of 55 cents still leaves us down 65 cents.
I'm glad I asked for forgiveness. My math blows! I'm way off.