Stock Movers Closing Bell: Coal Stocks Rise, Circle Internet Falls, Uber Slides
Mar 24, 2026
Coal miners jump as geopolitical tensions and tighter LNG supplies push demand toward thermal coal. Big swing in crypto-linked stocks after regulatory and competitive worries hit a major stablecoin issuer. Rideshare shares slip amid talks of a premium chauffeur service acquisition. Markets react to takeover bids and software sector jitters tied to AI automation reports.
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Coal Rally Fueled By Iran War And LNG Shortfall
- US coal stocks rallied as geopolitical risk and LNG supply cuts shift demand back to coal.
- Tim Stenovec noted Qatar lost ~30% of LNG capacity and rebuilding could take 3–5 years, boosting coal miners like Peabody and Warrior Met.
Janus Henderson Bid Hike Spurs Stock Gain
- Janus Henderson shares rose after bidders sweetened an all-cash takeover offer to $52 per share.
- Carol Massar said Tri-Anne Fund Management and General Catalyst increased the bid by about $3 to fend off Victory Capital.
AWS AI Agent Sparks Software Sector Selloff
- Software stocks plunged after reports AWS is building an AI agent to automate functions across sales and technical roles.
- Tim Stenovec said the AWS agent could handle workloads of thousands of tech specialists in areas like cybersecurity and networking.