Peabody Energy BTU released its quarterly earnings this morning prior to the opening bell, exceeding Wall Street expectations. The stock, however, fell as investors locked in profits.
In afternoon trade, however, BTU is fast making up for its earlier losses, and may close the gap down from this morning by the close of the session. Currently, BTU is down 0.56% at $63.56, which is right around its best levels for the day.
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