Constellation Energy Corporation (CEG) Surges 12.5%: Is This an Indication of Further Gains?

Constellation Energy Corporation (CEG) shares soared 12.5% in the last trading session to close at $189.80. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.2% loss over the past four weeks. Constellation Energy is the largest owner of nuclear plants in the US and produces clean electricity for its customers. It expects to invest nearly$ 5.1 billion during 2024-2025 period to strengthen its infrastructure and purchase of nuclea ...