Constellation Energy Corp (CEG) shares rallied 5.07% during intraday trading on Thursday, outperforming the broader market amid a surge in optimism surrounding the nuclear power industry and a favorable analyst rating.
The nuclear power operator's stock surge was fueled by multiple positive factors. First, renewed interest in nuclear power generation from tech giants like Amazon and Microsoft, seeking clean energy sources to power their data centers, has raised prospects for growth in the nuclear power sector. South Carolina power provider Santee Cooper's plan to seek buyers to restart construction of two nuclear reactors further boosted investor sentiment towards nuclear-related stocks.
Additionally, reports surfaced that Microsoft has inked a supply agreement with Constellation Energy, enabling the company to revive the Three Mile Island nuclear plant. This deal signifies increased business opportunities and potential revenue streams for Constellation Energy, underpinning the stock's rally.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。