On October 9, Constellation Energy Corp fell 3.06% in regular trading, trading at $290.41 per share, with turnover of $711 million.

The decline extends a profit-taking pattern following the landmark 20-year nuclear power purchase agreement with Alphabet's Google, which initially drove the stock up more than 12% on October 6. Under the agreement, Constellation will add 890 megawatts of nuclear capacity to the PJM grid, involving an investment of $4.3 billion and creating approximately 7,200 jobs. Goldman Sachs maintained a Neutral rating on the stock with a $305 target price.

Constellation Energy Corp is the largest producer of carbon-free energy in the United States, operating nuclear, hydro, wind, and solar facilities with generation capacity sufficient to power 16 million homes and producing roughly 10% of the nation's carbon-free electricity.

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