Shares of NextEra Energy (NEE 0.68%) and subsidiary NextEra Energy Partners (NEP 2.96%) have fallen sharply, dragging down shares of Brookfield Renewable (BEP 0.25%)(BEPC +0.00%), Clearway Energy (CWEN +1.38%)(NYSE: CWEN.A), and Atlantica Sustainable Infrastructure (AY +0.00%), too. PepsiCo (PEP +0.69%), Coca-Cola (KO 0.04%), Target Corp (TGT 0.35%), and Kroger (KR +1.60%) are also down double digits. In this video, Motley Fool contributor Jason Hall explains what's happening and how investors can adapt.
*Stock prices used were from the morning of Oct. 3, 2023. The video was published on Oct. 4, 2023.