NextEra Energy (NEE): Shares Decline Amid $1.5 Billion Equity Sale Plan

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Oct 29, 2024
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NextEra Energy (NEE, Financial) experienced a decline of over 4% in pre-market trading, with shares priced at $79.45. The drop follows the company's announcement of a plan to raise $1.5 billion through the sale of equity units. This move aims to fund new energy and power projects and marks the second time this year NextEra has undertaken such a financing strategy.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.