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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.
The news caused investors to question the trajectory of the AI infrastructure because it made it seem like tech companies may be overspending. Constellation Energy fell 21% on Monday as a result ...
Constellation is starting off 2025 with even more news -- and even more share price strength. This morning, the electric utility announced plans to acquire natural gas and geothermal electric ...
Electric utility stock Constellation Energy (NASDAQ: CEG) tumbled 10% through 10:35 a.m. ET Monday morning despite beating analyst forecasts for third-quarter earnings this morning.. Wall Street ...
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.
Nuclear power stocks are surging in response to the news. 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 ...
The clean-energy producer soared to start this year.
Despite beating on earnings and revenue, Constellation stock fell after the company reported third quarter results due to fallout from the Talen news. But CFRA's Rich said Constellation is a stock ...