Moody’s lifted its outlook on the coal industry from negative to stable sending shares of Alpha Natural Resources Inc. (NYSE: ANR) up 60 cents to close at $5.87, Cliffs Natural Resources Inc. (NYSE: CLF) soaring $2.34 to close at $24.35 and Walter Energy Inc. (NYSE: WLT) climbing $1.57 to close at $12.99.
Coal Stocks Rise On Upgrade
August 09, 2013 at 11:14 AM EDT
