The stock market is mixed Monday, with the Dow Jones Industrial Average down 0.04%, The Nasdaq up 0.24% and the S&P 500 up 0.05%. Today’s sole winner is a coal company that beat Wall St. earnings expectations, while today’s sole loser is a tanker operator that may file for bankruptcy.
This is Monday’s market winner and loser.
Shares of Peabody Energy Corp. (NYSE: BTU) are up 13.09% to $29.28 on trading volume of 10.9 million shares. Although the coal producers third-quarter profit fell 84%, the 46 cent a share earnings were better than 34 cents a share Wall St. analysts polled by Reuters expected. The 52-week high is $47.81.
Shares of Overseas Shipholding Group Inc. (NYSE: OSG) are down 63.05% to $1.20 on trading volume of 4.4 million shares. The tanker operator said Monday it is considering filing for bankruptcy protection. Before Monday, the 52-week low was $3.13.
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