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The biggest argument in favor of Constellation Energy stock just became a liability. Why Constellation Energy Stock Crashed 11% After Earnings Skip to main content
Constellation Energy stock fell 12.5% Monday amid a broader decline in nuclear power stocks following the US government's rejection of another Big Tech nuclear power agreement late Friday.
Nuclear-power stocks fell after regulators voted against a deal between Amazon and Talen Energy. The deal would permit a Talen nuclear plant to provide an Amazon data center with extra power.
The former logo of Fire TV. Amazon Fire TV (stylized as amazon fireTV) is a line of digital media players and microconsoles developed by Amazon since 2014. [12] [13] [14] The devices are small network appliances that deliver digital audio and video content streamed via the Internet to a connected high-definition television.
The company was known as Constellation Energy Group (former NYSE ticker symbol CEG), a Fortune 500 company and one of the largest electricity producers in the United States, until a merger with Exelon in 2012. [3] When FERC approved the acquisition, Constellation Energy's energy supply business was re-branded as Constellation, an Exelon company.
On September 20, 2024, citing a resurgence in the need for nuclear generated carbon free electricity, Constellation Energy announced plans to reopen Three Mile Island Unit 1 in 2028. It will be renamed the Christopher M. Crane Clean Energy Center, in honor of former Exelon Corporation CEO Chris Crane.
In a complaint filed against grid operator PJM Interconnection with the Federal Energy Regulatory Commission on Friday, Constellation asked for a fast-tracked review to set rules that would govern ...
As of 10 a.m. ET, Constellation stock itself is up a strong 14.4%, while nuclear upstarts NuScale Power Corporation (NYSE: SMR) and Nano Nuclear Energy (NASDAQ: NNE) have gained 13% and 15% ...