Why AES Stock Crashed Hard Today
AES Corporation (NYSE: AES) stock collapsed Monday morning, falling 17.2% through 2:15 p.m. ET after the company announced it will sell itself to a consortium led by private equity powerhouse (NYSE: BLK).
The price: $15 per share -- 13% less than AES cost Friday.
Image source: Getty Images.
Source Fool.com
AES Corporation Stock
€12.74
-0.820%
AES Corporation is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
As a result the target price of 14 € shows a slightly positive potential of 9.93% compared to the current price of 12.74 € for AES Corporation.
