RTTNews | Jul 7, 2021 03:12PM EDT

15:11 Wednesday, July 7, 2021 (RTTNews.com) - Missouri-based coal-energy company, PeaBody Energy Corporation (BTU) soared 24% higher on Wednesday on no particular news to drive the shares.

The company has been growing steadily in the last few months since the appointment of James Grech as the CEO of the company. Since May, the company has grown 187% while the price of shares reached its highest point since November 2020 on Wednesday.

The shares are currently trading at $9.82, up $1.78 or 22.09% from their previous closing at $8.04 on Tuesday. The shares opened at $8.05 and in the 52-week period the shares have ranged between $0.80 and $10.34.

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