Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

By HEATHER RICHARDS
Casper Star-Tribune-WNE 

Cloud Peak faces delisting from Stock Exchange

 

December 29, 2018



CASPER — The New York Stock Exchange has warned one of Wyoming’s largest coal producers that it could be delisted, following consistent weak performance of the company’s stock. 

Gillette-based Cloud Peak Energy’s common stock has been trading below $1 per share at the close of the market for 30 days in a row, prompting a notification on Wednesday that the company had six months to remedy its low stock price or it would be delisted from the NYSE.

Cloud Peak operates the Antelope and Cordero Rojo mines in Wyoming and the Spring Creek mine in Montana. The company employed about 850 mi...



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