Shares of NextEra Energy (NEE +0.15%) and subsidiary NextEra Energy Partners (NEP 2.16%) have fallen sharply, dragging down shares of Brookfield Renewable (BEP 0.48%)(BEPC +0.00%), Clearway Energy (CWEN +0.54%)(CWEN.A +0.66%), and Atlantica Sustainable Infrastructure (AY +0.00%), too. PepsiCo (PEP 0.48%), Coca-Cola (KO 0.06%), Target Corp (TGT +1.63%), and Kroger (KR +0.58%) 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.
