Why NextEra Energy Stock Jumped Today
The stock of NextEra Energy (NYSE: NEE) is on the move today on two news reports. Shares of the parent company of the largest electric utility as well as the biggest energy infrastructure developer in the U.S. jumped nearly 4% Wednesday morning.
After pulling back slightly, NextEra stock was still trading 2.3% higher as of 1:18 p.m. ET. The company delivered an investor presentation today, but the market might be more focused on a reported takeover bid for competitor AES Corporation.
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Source Fool.com
