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Constellation Energy Stock Jumps as Meta to Buy Its Nuclear Power Under 20-Year Deal - Barron's

1. Meta Platforms signed a 20-year power deal with Constellation Energy. 2. CEG shares rose 11% in premarket trading following the announcement. 3. This partnership solidifies CEG's position in renewable energy market. 4. The agreement may lead to stable revenue growth for CEG. 5. Market reaction indicates investor confidence in CEG's long-term prospects.

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FAQ

Why Very Bullish?

The 20-year agreement ensures stable cash flows for CEG, similar to previous long-term contracts that boosted energy providers' stock valuations.

How important is it?

The significant impact of the contract on CEG's revenue and market position warrants a high importance score.

Why Long Term?

The long-term nature of this deal suggests sustained revenue growth, positioning CEG favorably for years ahead.

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