Consol Breakup Could Mean Short-Term Pop for Coal ETF
October 21, 2013 at 07:30 AM EDT
The $175.2 million Market Vectors Coal ETF (NYSEArca: KOL) spent the first six months of 2013 in a steady downward spiral. Low natural gas prices, slack emerging markets demand and investors’ preference for resurgent alternative energy stocks conspired to plague KOL and its 34 holdings. The past...