Why Constellation Energy Stock Flopped on Friday
The energy giant had to give up a little more than originally expected to satisfy regulatory concerns about a looming deal.On Friday, one day after speculation swirled about Constellation Energy's (CEG 2.39%) settlement talks with the U.S. Department of Justice (DOJ), an agreement was reached between the two sides. However, many investors didn't consider it the best compromise, as they collectively sold the energy company's stock by more than 2%. A settlement agreedThose discussions concerned Constellation' ...