Hot utility stock NextEra falls nearly 5% after announcing plan to sell $2 billion in equity units
Publishing timestamp: 2024-06-18 09:55:37
Summary
NextEra Energy plans to sell $2 billion in equity units to finance power projects and pay back debt. The stock has risen 20% over the past three months, but fell nearly 5% after the announcement. Analysts see the stock drop as a buying opportunity, with long-term growth prospects strong.
Sentiment: MIXED
Tickers: NEE,
Keywords: business news, energy, alternative and sustainable energy, oil and gas, nextera energy inc,