NextEra workers roll the dice with big bet on company stock

NextEra Energy's $5.4 billion retirement plan for employees has suffered about half a billion dollars in losses this year as outsized bets on company stock soured, reflecting ongoing risks of corporate 401(k) policies that encourage concentrated positions in company shares. America’s largest…#nexteraenergy #exxon #southerncompany #corporateamerica #enron #nextera #vanguardgroup #aliciamunnell #bostoncollege #utilities

Source: Reuters: Health - September 21, 2023 Category: Consumer Health News Source Type: news