🔴 CEG is trading 4.3% down today as post-Calpine lock-up shares hit market

CEG is trading at $237.62 (4.3% down) as newly unlocked Calpine-related shares face selling pressure following a lock-up expiration.

• The June 30, 2026 lock-up expiration for 25 million shares issued in the Calpine acquisition is releasing a large block onto the market.
• The share influx is compounding ongoing post-earnings and leverage concerns, weighing on the stock despite previously strong operational results.
• Increased supply from the unlocked shares is creating significant immediate downward pressure on the stock price.