Constellation Energy stock, which has fluctuated wildly this year in the boom and bust of the AI hype cycle, briefly broke out Tuesday in response to news it signed a 20-year deal to sell power to Meta Platforms.

Constellation Energy stock soared Tuesday after the nuclear power company announced that it had signed a 20-year agreement with Meta.

Facebook parent Meta announced an unprecedented deal with Constellation Energy, the largest American nuclear power plant operator, cementing Meta’s turn to turn to nuclear energy to power its energy intensive,