Constellation Energy Stock Drops Amid Institutional Share Sale
Shares of Constellation Energy (NASDAQ: CEG) fell 7% on Monday after certain institutional investors announced the sale of 11 million shares at a discounted price. The stock is down year-to-date but has risen nearly 220% over three years. Management plans to purchase two million shares, signaling confidence in its valuation.
Tickers: $CEG
Topics: Constellation Energy institutional investors stock price drop