Peabody Energy: ‘Only Appropriate for Investors With a High Tolerance for Risk and Uncertainty’

Peabody Energy (BTU), Alpha Natural Resources (ANR), and Arch Coal (ACI) enjoyed a bounce on Monday after the Supreme Court ruled that the EPA had overstepped its bounds in limiting pollution by coal-fired power plants. Those gains, however, proved to be short lived, as Peabody, Alpha Natural and Arch dropped more than 12% on reports [...]