Alpha Natural stock rises after company releases report - TriCities.com: News

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Alpha Natural stock rises after company releases report

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Posted: Thursday, February 14, 2013 9:52 am | Updated: 7:21 pm, Thu Feb 14, 2013.

BRISTOL, Va. –– Shares of Alpha Natural Resources stock rose sharply Thursday after the company announced a better-than-expected performance during the fourth quarter of 2012.

A share of Alpha stock rose about 14 percent Thursday on the New York Stock Exchange, closing at $9.67 after the company reported a fourth-quarter net loss of $128 million or 58 cents per diluted share. Excluding impairment and restructuring charges and other adjustments, the adjusted net loss was $41 million or 19 cents per diluted share, which greatly exceeded market expectations.

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