Reported 21 days ago
Shares of Constellation Energy (CEG) dropped by 12% following the blocking of Amazon's power deal with Talen Energy. Despite this setback, CFRA analyst Daniel Rich believes the company remains in a strong position due to ongoing interest from major tech firms, indicating that the current dip presents a buying opportunity for investors. Constellation's solid third quarter results and a raised earnings guidance showcase its resilience in the nuclear energy sector.
Source: YAHOO