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US Peabody shares surge after Coronado talks ends

Shares in coal miner Peabody Energy climbed over 13% after talks with ASX-listed Coronado Global Resources on a potential business combination ended.

US Peabody shares surge after Coronado talks ends US Peabody shares surge after Coronado talks ends US Peabody shares surge after Coronado talks ends US Peabody shares surge after Coronado talks ends US Peabody shares surge after Coronado talks ends

Peabody ends Australia talks

"Peabody investors will cheer the disclosure," said Lucas N. Pipes, mining equities analyst at B. Riley Securities in the US.

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