We recently published an article titled These 10 Firms Led This Week’s Rally. In this article, we are going to take a look at where Constellation Energy Group (NASDAQ:CEG) stands against the other stocks.

The power producer agreed to buy Calpine this past week for $16.4 billion and has become an industry darling amid surging electricity demand

Constellation Energy Corp. shares surged to a record high after agreeing to acquire closely held Calpine Corp. for $16.4 billion in a deal that will create the largest fleet of US power stations.

Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies.Including the assumption of debt,

Constellation Energy Corporation CEG and Calpine Corp. announced that they have entered into a definitive agreement under which CEG will acquire Calpine in a cash and stock transaction valued at an equity purchase price of nearly $16.