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Bloomberg reported that New World Resources failed to meet 2012 sales targets, which sent its stock tumbling.
Bloomberg reported that New World Resources failed to meet 2012 sales targets, which sent its stock tumbling.
As quoted in the market report:
The biggest Czech producer of coking coal, the most-traded stock in the PX (PX) index today and the worst performer, tumbled 4.5 percent to 95.50 koruna by 12:40 p.m. in Prague. A close at that level would mark the shares’ biggest one-day drop since Nov. 15.