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This once-obscure power company is a 'unicorn' poised for new highs on data center demand, analysts say

By CNBC   |   Sep 19, 2024 at 06:51 AM EST
This once-obscure power company is a 'unicorn' poised for new highs on data center demand, analysts say

Talen Energy Corporation has emerged as a top-performing stock in the utility sector, with shares doubling in value due to a groundbreaking deal with Amazon Web Services for nuclear power supply. Wall Street analysts have initiated coverage with positive ratings, predicting further growth potential for the company.

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