Core Natural Resources (CNR): Among the Energy Stocks that Lost the Most This Week

The share price of Core Natural Resources, Inc. (NYSE:CNR) fell by 9.05% between May 27 and June 3, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the development.

Core Natural Resources (CNR): Among the Energy Stocks that Lost the Most This Week

A coal miner surrounded by piles of bentonite and Leonardite in a mine.

Core Natural Resources, Inc. (NYSE:CNR) is a world-class producer and exporter of high-quality, low-cost coals, including metallurgical and high calorific value thermal coals.

Investors reacted negatively after Core Natural Resources, Inc. (NYSE:CNR) announced that it would idle operations at its Itmann mine in West Virginia in August, citing ‘weaker than expected market conditions and economic forces affecting the industry and the mine’. The mine’s output could never achieve its expected levels due to ongoing supply chain and geological challenges, which led to this tough decision. As a result, CNR will also be laying off its 200 employees at the mine by the end of August.

While we acknowledge the potential of CNR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CNR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.