Peabody Energy Stock Surges on Trump Administration Support for Coal Industry

Shares of Peabody Energy (BTU) surged over 15% this week after President Donald Trump invoked the Defense Production Act to support coal infrastructure, signaling a shift toward fossil fuels. The administration announced hundreds of millions in funding for new and upgraded coal plants, providing a significant boost to the largest U.S. coal producer.

By Neha Chamaria · Motley Fool ·

Peabody Energy Stock Surges on Trump Administration Support for Coal Industry

Tickers: $BTU

Topics: coal industry energy stock rally Trump administration

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