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Why NextEra Energy Stock Sank Today

TheMotleyFool

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Why NextEra Energy Stock Sank Today: https://g.foolcdn.com/editorial/images/826294/power-transmission-lines.jpg

NextEra Energy (NYSE: NEE) just reported a very strong second quarter. Adjusted earnings per share jumped more than 9% year over year. Yet shares in the company are sinking today. NextEra stock was down by 6.3% as of 12:35 p.m. ET.

A solid quarterly earnings report, along with a subsequent plunge in the stock, is a combination that should make investors wonder whether opportunity is knocking. NextEra may be one of those opportunities, and there's a good explanation for why the stock is retreating today.

Image source: Getty Images.

Source Fool.com