Lower Ratings Cause Coal Stocks To Fall

CNBC News reported that coal stocks including Arch Coal (NYSE:ACI) and Consol Energy (NYSE:CNX) fell due to slow demand and lower analyst ratings.

As quoted in the market news:

In midday trading Arch Coal shares fell 73 cents, or 8 percent, to $8.49. Consol fell 70 cents, or 2.1 percent, to $33.39.

Click here to read the full CNBC News report.