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EXC - Exelon Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by shaw520, Nov 26, 2019.

  1. shaw520

    shaw520 Member

    Joined:
    Nov 11, 2019
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    Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services. In addition, it is involved in the purchase and regulated retail sale of electricity and natural gas; and transmission and distribution of electricity, and distribution of natural gas to retail customers. Further, the company offers corporate governance support services, including corporate strategy and development, legal, human resources, information technology, finance, real estate, security, corporate communications, supply at cost, engineering, distribution and transmission planning, asset management, system operations, and power procurement services. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. The company was incorporated in 1999 and is headquartered in Chicago, Illinois.

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    I have been watching this as a solid ascending position,... then recently took a hit in late summer,...now news comes out about the merge and how its created the largest owned nuclear company in the world.. My question is two fold :
    1. What typically does a large merge do to stock prices.
    2. There is a lot of pressure (especially from NY's Gov Cuomo) to shut down these nuclear plants.

    So in everyone's humble opinions,... how will the two above factors effect stock holdings ?

    https://finance.yahoo.com/news/exelon-generation-begin-negotiations-acquire-124500926.html
     
    #1 shaw520, Nov 26, 2019
    Last edited by a moderator: Nov 26, 2019

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