Why Peabody Energy Stock Wilted on Wednesday
On a mixed Wednesday for U.S. stocks, one of the less impressive performers was Peabody Energy (NYSE: BTU). The veteran coal company took a more than 10% hit to its share price across that trading session after it published a dispiriting quarterly earnings report.
Peabody's second-quarter revenue was $1 billion, an improvement over the $890 million in the same period of 2025. On the downside, the company's attributable net loss deepened considerably, to $90.6 million ($0.74 per share) from the year-ago deficit of $27.6 million.
Image source: Getty Images.
Source Fool.com
