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Why Constellation Energy Stock Surged 17.5% in February


Shares of Constellation Energy (NASDAQ: CEG) rocketed 17.5% in February. It was a big month for the power producer as it reported its fourth-quarter financial results and secured another deal to supply electricity to a data center customer. That followed the acquisition of Calpine, which closed in January.

Here's a closer look at what fueled its big move last month and whether investors should buy Constellation Energy stock now following its recent surge.

Image source: Getty Images.

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Source Fool.com

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