Constellation Energy Corp Confirms Media Report That Co. Has Put Its $1B Hydrogen Plan On Hold
Portfolio Pulse from Benzinga Newsdesk
Constellation Energy Corp (CEG) has put its $1 billion hydrogen plan on hold, according to a Reuters report.
May 31, 2023 | 12:07 pm
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Constellation Energy Corp's decision to put its $1 billion hydrogen plan on hold may impact its stock price.
Constellation Energy Corp's decision to put its $1 billion hydrogen plan on hold may negatively impact its stock price in the short term, as investors may perceive this as a setback in the company's growth strategy. The news is highly relevant and important for investors in CEG, as it directly affects the company's future plans and potential revenue streams.
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