Constellation Energy Plunges 3.85% Ranks 108th in Market Volume Amid Regulatory Scrutiny and Natural Gas Slump

Constellation Energy (CEG) closed 10/10/2025 with a 3.85% decline, trading 1.16 billion shares - ranking 108th in market volume. The selloff coincided with renewed regulatory scrutiny over utility sector pricing models and broader energy market volatility.

Analysts noted the decline was driven by two key factors: first, the Federal Energy Regulatory Commission (FERC) issued a non-binding advisory suggesting potential adjustments to capacity market mechanisms affecting utility pricing power. Second, natural gas futures fell 2.1% amid improved US production forecasts, directly impacting CEG's thermal generation portfolio. The stock's sensitivity to commodity prices and regulatory shifts became evident as its volume surged past 30-day averages by 42%.

Technical indicators showed bearish divergence with RSI dropping below 30 while MACD crossed into negative territory. Institutional selling pressure intensified in afternoon trading as short-interest metrics reached 7.2% of float, up from 5.8% the previous week. Market participants are now monitoring FERC's upcoming public hearings scheduled for mid-November, which could reshape long-term earnings visibility for utility operators.

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