Weak Coal Prices Pushes Teck Down to Three-Month Low

Bloomberg reported that Teck stock prices tumbled to a three-month low on news of weak coal forecasts.

As quoted in the market report:

Teck dropped 4.5 percent to C$34.99 at 10:41 a.m. in Toronto, after earlier declining 5 percent, the most intraday since Nov. 7. Shares of the Vancouver-based company have tumbled 16 percent in the past 12 months.

To view the whole Bloomberg report, click here.