AES Stock Is Soaring After The Bell: Here's Why

Zinger Key Points

Shares of power company AES Corp AES are surging in Tuesday’s after-hours session following reports the company has received takeover interest.

What To Know: AES is exploring options including a potential sale as multiple large investment firms have expressed interest in acquiring the company, according to Bloomberg.

Potential buyers include several major private equity firms and infrastructure investors who are interested after the stock was cut in half over the past two years and has declined approximately 13% year-to-date.

AES operates a group of renewable power assets and has signed deals to provide renewable power to multiple tech giants.

How To Buy AES Stock

By now you're likely curious about how to participate in the market for AES, be it to purchase shares or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option or sell a call option at a strike price above where shares are currently trading — either way, it allows you to profit from the share price decline.

AES Price Action: AES shares were up 13.73% at $11.07 in extended trading Tuesday at last check, per Benzinga Pro.

Loading...
Loading...

Read Next:

Photo: Poetra.RH/Shutterstock.com

AES Logo
AESThe AES Corp
$12.55-0.32%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
22.48
Growth
94.38
Quality
40.30
Value
62.50
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...