Patriot Coal Extends Losses

Posted on June 26, 2012 at 13:27 PM EDT

Patriot Coal Corp. (NYSE: PCX) stock continued falling by slipping 14 cents to $1.04 after Standard & Poor's announced last week that Alexander & Baldwin Holdings Inc. (NYSE: ALEX) would replace the coal company on the S&P MidCap 400 index. Shares of Alexander & Baldwin rose 87 cents to $49.17.

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