Energy Stock Headed for Best Day Since 2009

Utility stock AES Corp (NYSE:AES) is surging today, up 16% at $12.84 at last glance, after reports that the company is exploring sale options amid takeover interest. The power sector has been drawing acquisition attention lately due to artificial intelligence (AI) and cryptocurrency mining. Headed for its biggest single-day percentage gain since May 8, 2009, AES earlier hit its highest levels since March of this year before paring gains. There are several layers of potential resistance the stock is grapplin ...