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Constellation Energy Drops 2.88% with $962M Trading Volume Ranking 85th Amid Nuclear Power Deal with Meta
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 10, 2025 8:20 pm ET1min read
On June 10, 2025,
(CEG) experienced a significant decline of 2.88%, with a trading volume of $962 million, ranking 85th in the day's stock market activity.Constellation Energy has recently garnered attention due to its substantial investments in clean energy, particularly after securing a 20-year nuclear power agreement with Meta Platforms. This deal is pivotal for both companies, especially as the U.S. faces increasing electricity demand driven by the rapid growth of AI and data centers, which require substantial power.
The agreement involves Meta Platforms purchasing 1.1 GW of nuclear power from the Clinton Clean Energy Center, marking Meta's first nuclear power deal. This move aligns with the global trend of increasing demand for nuclear energy, which is projected to reach 515.5 GW by 2030.
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