Employees leaving the company's downtown headquarters described the mood inside the building yesterday as "business as usual."
One Constellation worker, who did not want to be identified, acknowledged there was some concern as the stock continued to plummet and said most of the employees were following the action online. He added that there was no panic and that people remained confident the stock would bounce back.
"It didn't scare me at all," the employee said.
Haswell Franklin, chairman emeritus of Franklin Financial Group, spent much of his day inside Constellation's headquarters and said the energy company's employees were relatively calm. Franklin said he has several clients who work for Constellation.
"You're going to have some peaks and valleys," he said. "And for most people, the valleys are a plus. You want the market to go up and down."
Investment adviser Robert Wasilewski, of Baltimore-Washington Financial Advisers in Columbia, reached out to three clients who owned Constellation stock.
Some, he said, asked whether they should buy more in hopes of making money when the stock rebounds. They decided, in the end, not to.
Wasilewski said that some of his investors are employees or past employees of Constellation and think it is financially sound.
"Sometimes when you work for a company, you feel more comfortable about that company and you know the stock market has been a little overdone in this case," he said.
Wasilewksi said that he, too, believes Constellation stock will rebound.
"I expect it to pop back tomorrow," he said.
Bloomberg News and Sun staff writer Brent Jones contributed to this article.
