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Constellation Energy is keeping investors waiting for its yearly guidance, saying it will provide it in March. But that hasn’t dented the independent power producer’s stock, which zoomed toward its highest level in nearly six weeks on Tuesday, regaining some of its past luster.
Constellation’s stock CEG rose by more than 5%, gathering steam as the trading day progressed. It was on track for its highest close since Jan. 15, when it closed at $341.20, and for its largest one-day percentage increase since Jan. 9, when it pushed past 6%.