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Concerns About Liquidity Hurt Patriot Coal Stock Price
May. 16, 2012 08:57AM PST
Industrial Metals InvestingReuters reported that Patriot Coal’s (NYSE:PCX) share price fell on uncertainty about the company’s financial liquidity.
Reuters reported that Patriot Coal’s (NYSE:PCX) share price fell on uncertainty about the company’s financial liquidity.
As quoted in the market news:
Patriot Coal shares fell 7 percent to a three-year low of $3.65. The stock lost about 17 percent of its value on Tuesday.