Why NextEra Energy Stock Rallied 12% in May

Why NextEra Energy Stock Rallied 12% in May

Shares of NextEra Energy (NYSE: NEE) rose 12.6% in May, according to data provided by S&P Global Market Intelligence. A couple of factors powered the rally in the electric utility stock, including reports that it might bid on a rival utility. NextEra Energy's stock has been uncharacteristically volatile this year.