New World Resources Misses 2012 Sales Targets

Bloomberg reported that New World Resources failed to meet 2012 sales targets, which sent its stock tumbling.

As quoted in the market report:

The biggest Czech producer of coking coal, the most-traded stock in the PX (PX) index today and the worst performer, tumbled 4.5 percent to 95.50 koruna by 12:40 p.m. in Prague. A close at that level would mark the shares’ biggest one-day drop since Nov. 15.

To view the whole Bloomberg report, click here.