NASDAQ:ARGX 5 January 2026

July 4, 2026, 4:37 PM EDT. Constellation Energy (NASDAQ:CEG) shares dropped 9.4% to $239.25 by July 2, lagging both the Utilities Select Sector and S&P 500. The stock is now 14.2% under the $279 price from its June buyback, when Constellation spent $558 million to repurchase 2 million shares. That leaves an unrealized loss near $79.5 million at Thursday's close. Part of the pressure comes from the end of a Calpine lock-up on June 30, releasing half of related shares and raising the risk of more stock hitting the market. Analysts still have a consensus price target 53% above current levels. The coverage shows 12 buys and three holds.