Business

Market Movers

Arch Coal, other coal stocks fall after election

Mitt Romney’s comments during the campaign helped give coal stocks a month or so of strong advances.

Justin Sullivan/Getty Images/File 2012

Mitt Romney’s comments during the campaign helped give coal stocks a month or so of strong advances.

Advertisement

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.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

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 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com