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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.

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Source Fool.com

AES Corporation Stock

€12.75
0.670%
The AES Corporation stock is trending slightly upwards today, with an increase of €0.085 (0.670%) compared to yesterday's price.
With 10 Buy predictions and not the single Sell prediction the community is currently very high on AES Corporation.
With a target price of 13 € there is a slightly positive potential of 2.0% for AES Corporation compared to the current price of 12.75 €.
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