Stock Alert: Peabody Energy Shares Hit New 52-Week High

Shares of Peabody Energy Corp. (BTU) reached a new 52-week high of $7.82 Monday morning, and are currently trading at $7.78, up $1.28 or 19.69%. Trading volume is surging over 5.45 million versus an average volume of 4.03 million shares.

Earlier this month, Peabody Energy said it has appointed James Grech as President and Chief Executive Officer effective June 1, 2021. Jim has over 30 years of experience in the coal and natural resources industries, most recently serving as Chief Executive Officer of Wolverine Fuels, a U.S. thermal coal producer and marketer. Before joining to Wolverine Fuels, Jim served as President of Nexus Gas Transmission as well as the Chief Commercial Officer and Executive Vice President of Consol Energy.

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