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Peabody Energy Corporation (NYSE: BTU) shares declined 7.19 percent to close at $14.85 a share Monday. The stock traded between $14.37 and $15.80 on volume of 11.54 million shares traded. Coal stocks continued their decline Monday after the U.S. Supreme Court said it would consider reviving the Environmental Protection Agency’s cross-state air pollution rule, which the federals appeals court threw out last year. Shares of Peabody Energy have fallen approximately 44.2 percent year-to-date.
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Theravance Inc. (NASDAQ: THRX) shares closed at $3.56 a share Monday. The stock traded between $36.37 and $38.70 on volume of 883,655 shares traded. The company announced that the FDSA has approved VIBATIV for the treatment of adult patients with hospital-acquired and ventilator-associated bacterial pneumonia. Shares of Theravance have gained approximately 69.1 percent year-to-date.
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www.FiveStarEquities.com/THRX
Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) shares declined 1.37 percent to close at $7.90 a share Monday. The stock traded between $7.20 and $7.7.90 on volume of 2.03 million shares traded. Credit Suisse has recently downgraded the company’s rating to “underperform” from “neutral” due to concerns for sales of its colon cancer drug Fusilev. Shares of Spectrum Pharmaceuticals have fallen approximately 29.4 percent year-to-date.
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www.FiveStarEquities.com/SPPI
Western Digital Corp. (NASDAQ: WDC) shares declined 2.74 percent to close at $58.54 a share Monday. The stock traded between $58.04 and $59.80 on volume of 2.39 million shares traded. The company announced that it has agreed to acquire sTec, Inc. for approximately $340 million in cash, or $6.85 per share. Shares of Western Digital have gained approximately 37.8 percent year-to-date.
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www.FiveStarEquities.com/WDC
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