Why AES Stock Crashed Hard Today
AES Corporation (NYSE: AES) stock collapsed Monday morning, falling 17.2% through 2:15 p.m. ET after the company announced it will sell itself to a consortium led by private equity powerhouse (NYSE: BLK).
The price: $15 per share -- 13% less than AES cost Friday.
Image source: Getty Images.
Source Fool.com
AES Corporation Stock
€12.31
0.460%
With 11 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
On the other hand, the target price of 12 € is below the current price of 12.31 € for AES Corporation, so the potential is actually -2.53%.
