Amazon Shares Gain 4.98% on Day It Backs Proposed Indiana Nuclear Plant
Photo: TokenPost
Amazon (AMZN) shares closed 4.98% higher Monday, when the company committed development funding to a proposed 960-megawatt nuclear plant in Indiana intended to serve its data centers and the regional grid. The stock finished Oct. 19 at $262.45 at 4 p.m. ET (20:00 UTC), up $12.45 from its previous close. American Electric Power (AEP) and X-energy signed a joint development agreement to study a plant near the former Breed Generating Station in Sullivan County. The proposed design has 12 Xe-100 small modular reactors, each rated at 80 megawatts.
Source: TokenPost
