Power Stocks Surge & Slide Amid Falling Yields

Power Producers' Shares Rise as Treasury Yields Fall

Southern Falls on Weaker Q4 Revenue, Constellation Energy Gains on License Renewal Application

Shares of power producers experienced a second consecutive day of gains amid a decrease in long-term Treasury yields. This upswing was prompted by mixed economic data. However, Southern shares saw a decline as the utility reported lower fourth-quarter revenue due to weaker fuel, wholesale electric, and natural gas sales. On the other hand, Constellation Energy saw a 2.2% increase after the company filed an application for license renewal.