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Reuters reported that Consol Energy (NYSE:CNX) dropped its production target and reported lower earnings than analysts has estimated.
Reuters reported that Consol Energy (NYSE:CNX) dropped its production target and reported lower earnings than analysts has estimated.
As quoted in the market news:
The lowered outlook and earnings miss — blamed on lower prices and higher costs — combined to send the company’s stock down 3.9 percent to $33.21 in afternoon trading on the New York Stock Exchange.