Constellation Energy (CEG) Shares Surge Over 4% On Google Power Deal Report
Constellation Energy Corp. (CEG) shares climbed over 4% in overnight trading following a Bloomberg report indicating the company is close to finalizing a power deal with Google parent Alphabet Inc. (GOOG).
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02:23:02 AM UTC
SquawkNews
Google's parent Alphabet NASDAQ:GOOG is nearing a multi-year deal to buy nuclear energy from Constellation Energy NASDAQ:CEG for $1 billion or more, Bloomberg News reported on Monday, citing people familiar with the matter.
Shares of Constellation Energy Corp. (CEG) rose more than 4% in the overnight session late Monday after a report said the company is nearing a power deal with Google parent Alphabet Inc. (GOOG, GOOGL). citing people familiar with the matter, reported that Alphabet is close to an agreement with Constellation Energy.