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NYSE:CEG 10 January 2026 - 28 January 2026

Constellation Energy stock slips after Wells Fargo trims target as PJM data-center rules loom

Constellation Energy stock slips after Wells Fargo trims target as PJM data-center rules loom

Constellation Energy shares slipped 1.6% to $302.88 in late-morning trading Tuesday after Wells Fargo lowered its price target to $460 from $478 but maintained an Overweight rating. The stock touched an intraday low of $295.20 before clawing back some losses, as the SPDR S&P 500 ETF dropped 1.1% and the utilities sector ETF edged down around 0.2%. Vistra slid 2.9%, NRG Energy lost 1.1%, while Talen Energy gained 0.7%.
GE Vernova stock price jumps 6% on PJM emergency auction push — what to watch next

GE Vernova stock price jumps 6% on PJM emergency auction push — what to watch next

GE Vernova Inc shares closed up 6.1% on Friday at $681.55, as investors weighed a White House push for PJM Interconnection to run an “emergency” power auction aimed at speeding new generation onto the grid. The stock added $39.27 on the day, traded between $651.00 and $692.49, and saw about 5.0 million shares change hands, according to market data.
Constellation Energy (CEG) stock dives on White House push to cap PJM power-market prices

Constellation Energy (CEG) stock dives on White House push to cap PJM power-market prices

Shares of Constellation Energy Corporation plunged on Friday, slipping as much as 9.8% to $307.71 in after-hours trading after fluctuating between $350.62 and $300.45 earlier. The selloff came after the White House urged PJM Interconnection—the country’s largest electric grid serving 67 million customers across 13 states plus Washington, D.C.—to hold a one-time emergency procurement auction for new power plants and impose limits on earnings for existing plants in PJM’s capacity market, which pays generators to stay on standby. This follows a recent PJM capacity auction that saw prices surge over 800% compared to last year. Pennsylvania Governor Josh Shapiro criticized PJM for being “too damn slow” amid rising power bills.
17 January 2026
GE Vernova stock jumps 6% as Trump-backed PJM power auction plan targets AI data-center demand

GE Vernova stock jumps 6% as Trump-backed PJM power auction plan targets AI data-center demand

Shares of GE Vernova Inc jumped over 6% on Friday following reports that the Trump administration, along with several governors, is pushing for an emergency power auction in the PJM market. Investors took the move as a potential boost for turbine demand. By 12:58 p.m. ET, the stock had climbed 6.1% to $681.57, hitting an intraday peak of $692.49 earlier.
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