Constellation Energy (CEG): Reviewing Its Valuation Following Recent Share Price Pullback
Constellation Energy (CEG) caught some investors off guard this week with its latest dip, sliding nearly 4% over the past month after a stretch of strong gains earlier in the year. There was no single headline-making event driving the pullback. However, the move has prompted questions about whether the market is rethinking risks or simply taking profits after a big run.
Looking at the bigger picture, Constellation Energy shares are still up an impressive 60% over the past year and have climbed more than 280% since the company’s spinoff from Exelon in early 2022. Despite the lack of dramatic news lately, the stock’s momentum has cooled a bit in recent weeks. Constellation continues to post steady revenue and profit growth each year.
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