Constellation Energy Corp. Joined the NASDAQ-100 Index on February 2, 2022

Rhea-AI Summary

Exelon Corp. has completed the spin-off of Constellation Energy Corp., effective February 2, 2022. Following the separation, Constellation Energy became a member of the NASDAQ-100 Index®, NASDAQ-100 Equal Weighted Index, and NASDAQ-100 Ex-Technology Index. Nasdaq has confirmed that Constellation Energy will continue as a component of these indices. This move marks a significant shift for Exelon as it refocuses its business strategy post-separation.

Positive

• Constellation Energy Corp. added to NASDAQ-100 Index, indicating strong market positioning.
• Successful completion of the spin-off allows Exelon to focus on its core business.

Negative

• None.

NEW YORK, Feb. 03, 2022 (GLOBE NEWSWIRE) -- On February 2, 2022, Exelon Corp. (Nasdaq: EXC) announced it completed the separation of Constellation Energy Corp. (Nasdaq: CEG), Exelon’s former power generation and competitive energy business. Upon the completion of this spin-off transaction, Constellation Energy Corp. was added to the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Ex-Technology Index (Nasdaq: NDXX) on February 2, 2022.

After review, Nasdaq has determined that Constellation Energy Corp. will remain as a component of the NASDAQ-100 Index®, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Ex-Technology Index.

For more information about the company, go to https://www.constellationenergy.com/

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FAQ

When did Exelon complete the spin-off of Constellation Energy Corp.?

The spin-off of Constellation Energy Corp. was completed on February 2, 2022.

Is Constellation Energy Corp. part of the NASDAQ-100 Index?

Yes, Constellation Energy Corp. was added to the NASDAQ-100 Index on February 2, 2022.

What indices does Constellation Energy Corp. belong to after the spin-off?

After the spin-off, Constellation Energy Corp. is part of the NASDAQ-100 Index, NASDAQ-100 Equal Weighted Index, and NASDAQ-100 Ex-Technology Index.

What is the significance of the Constellation Energy spin-off for Exelon investors?

The spin-off allows Exelon to concentrate on its core operations and strategic growth post-separation.

What is the stock symbol for Exelon Corp?

The stock symbol for Exelon Corp. is EXC.