RTTNews | Mar 17, 2021 11:00AM EDT

10:59 Wednesday, March 17, 2021 (RTTNews.com) - Shares of NRG Energy, Inc. (NRG) are down more than 15% Wednesday morning after the company withdrew its previously announced outlook for the full year 2021 and now expects Winter Storm Uri's impact to be a $750 million loss.

"Based on the new information available to us today, we are unable to provide financial guidance due to the unprecedented and unpredictable market outcomes resulting from winter storm Uri," said Mauricio Gutierrez, NRG President and Chief Executive Officer.

At present NRG is at $36.91. It has traded in the range of $19.54- $44.08 in the last 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3178229/stock-alert-nrg-energy-declines-15-on-estimated-uri-impact.aspx)

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