Coal stocks crumbled after Mitt Romney’s loss ended investors’ hopes for friendly treatment of the industry. The stocks had a strong run for a month, in part because of Romney’s saying he would “make sure we can continue to burn clean coal.” James River Coal fell 30 percent while Alpha Natural Resources declined 12 percent, and Peabody Energy fell nearly 10 percent.
Arch Coal, other coal stocks fall after election
You've reached the limit of 10 free articles a month
Stay informed with unlimited access to Boston’s trusted news source.
- High-quality journalism from the region’s largest newsroom
- Convenient access across all of your devices
- Today’s Headlines daily newsletter
- Subscriber-only access to exclusive offers, events, contests, eBooks, and more
- Less than $1 a week