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137.73
4.11%
-5.90
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Why is Arch Resources Inc (ARCH) Stock down?
We've noticed a 5.56% decline in Arch Resources Inc (ARCH) stock during the 2024-12-06 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
02 Oct, 2023:
Arch Resources, Inc. (ARCH) dropped by 9.15% from $170.66 to $155.04 in the trading on Monday October 2, 2023. The reason why stock ARCH is down is due to EBITDA adjust. The company said it expects adjusted EBITDA for the third quarter to be roughly 10% lower than the second quarter, and Q3 discretionary cash flow to be more than half the $150.7M total achieved in Q2.
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