Why Constellation Energy Stock Slumped on Monday

Shares of Constellation Energy (NASDAQ: CEG) slumped today, trading 7% lower as of 2:20 p.m. ET Monday. Some institutional investors are selling shares in the largest nuclear energy company in the U.S., and retail investors aren't happy about that. But that's not how it should be.Image source: Getty Images.Monday morning, Constellation Energy disclosed that certain existing institutional shareholders are selling 11 million shares of the company at a price of $281 per share. That's a discount to the stock's previous day's closing price of $287.75 per share. They expect to complete the transaction tomorrow, on June 2.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool