Constellation Energy Slips to 127th in Trading Volume Despite 3.43% Stock Price Surge

On June 23, 2025, Constellation Energy (CEG) saw a trading volume of $607 million, marking a 52.58% decrease from the previous day. This placed the company at the 127th position in terms of trading volume for the day. The stock price of Constellation Energy rose by 3.43%.

Constellation Energy is actively collaborating with New York on a federal grant aimed at advancing the development of one or more nuclear reactors. This initiative is part of a broader effort to enhance the state's energy infrastructure and promote clean energy solutions.

New York Governor Kathy Hochul has announced plans to build a new nuclear power plant capable of generating at least 1 gigawatt of electricity. Potential sites for this plant include the grounds of New York's three existing nuclear power plants, all of which are owned or majority-owned by Constellation Energy. This development is expected to significantly boost the company's role in the state's energy sector.

Constellation Energy has received regulatory approval from the New York State Public Service Commission, which is a crucial step in advancing its projects and ensuring compliance with state regulations. This approval is likely to have a positive impact on the company's operations and investor confidence.

Constellation Energy has also announced a dividend of $0.39 per share, payable on June 6, 2025. This dividend declaration reflects the company's commitment to returning value to its shareholders and maintaining a stable financial outlook.