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Tln stock price is down 2% week-to-date

Model: NS-40F401NA26
SKU: 6614066
$297.00
Comp. Value: $133.000
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TLN stock price is down 2% week-to-date, underperforming the broader energy sector index. Some analysts attribute this to temporary profit-taking after last week’s rally from $9.20 to $9. Being in a position of leadership is seen as a strategic advantage that could help the business secure long-term financial visibility and grow its contracting portfolio. Nevertheless, Talen Energy Corporation (NASDAQ:TLN) suffered a massive setback late last year as the Federal Energy Regulatory Commission rejected its interconnection agreement for an Amazon data center in Pennsylvania. The company had a data center connected to its nuclear plant and planned to increase its capacity to 480 megawatts from 300 megawatts. Talen has already appealed FERC’s rejection. . Despite trading at new highs, it trades 8% below its Zacks price target. TLN stock price dipped early Tuesday before recovering, signaling active intraday swings. Traders are eyeing whether volume spikes could confirm a breakout above the $9.65 level in the coming sessions.