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Why Constellation Energy Stock Just Popped

TheMotleyFool

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Why Constellation Energy Stock Just Popped: https://g.foolcdn.com/editorial/images/843587/nuclear-power-plant-next-to-a-pond-glowing-red-at-sunset.jpg

It's been more than a year since Constellation Energy (NASDAQ: CEG) announced it will reopen Three Mile Island Unit 1 and sell electricity from that nuclear plant to power data centers for Microsoft (NASDAQ: MSFT) -- kick-starting the nuclear renaissance and tying it to artificial intelligence's insatiable demand for power.

One year later, Constellation just got some excellent news, and it's helping send the electric utility's stock price up 5.6% through 11:20 a.m. ET.

Image source: Getty Images.

Source Fool.com