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Dominion Energy Climbs, UnitedHealth Falls, Ford Gains After Energy Unit-EDF Power Solutions Pact
Description
On this episode of Stock Movers:
- Dominion Energy (D) shares climb. NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the data centers clustered in Virginia.
- UnitedHealth (UNH) shares fall. Berkshire Hathaway exited its stake in the health insurer. The conglomerate also disclosed that it amassed a $2.6 billion stake in Delta Airlines, boosting the carrier’s shares by 2.5%.
- Ford (F) shares rise. Ford Energy and EDF power solutions North America announced a five year agreement. The agreement is for up to 20 GWh of battery energy storage systems, the companies said in a statement.
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