Cause of Phoenix's share price rise unknown

摘要

US producer Phoenix Coal said Tuesday it cannot explain what caused a spike last week in the company's stock price in Canada, where it is publicly traded. On December 31, 2009, the Louisville, Kentucky, company's stock price closed at 31 cents/share (US30 cents), company spokesman Steve McLean told Platts. It went up nine cents on January 11 and was at 42 cents/share (US41 cents) on Monday.