Shares of Peabody Energy BTU, a St. Louis based coal company, are surging on Friday, gaining a little more than 4% to $67.21. The stock has largely been trading in a choppy range over the last several months, and is up around 10% during that time.
Peabody Energy Corporation is a coal company. The Company owns majority interests in 28 coal mining operations located in the United States and Australia. In addition to mining operations, it markets, brokers and trades coal.
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